Tuesday 14 August 2012

Market Heatmap- 13th August, 2012

Market Heatmap
Indian stock indices finished near the day’s high, spurred by growing speculation about impending policy measures from the Centre to give a fillip to the rapidly decelerating economy. Media reports say that the Government is contemplating kick-starting it’s disinvestment plan soon. This provoked the flat market into activity and finally helped the Sensex to close at the level of 17633.45 i.e., up by 75.71 points and the Nifty to close at the level of 5347.9 i.e., up by 27.5 points. This led the midcap and the small-cap counters to closed positive by half a percentage point each. On the sectoral front, except for Auto index, all the other indices closed in green. Realty index closed as the major gainer with gains of nearly two and a half percentage point. Further, the market breadth closed neutral as five stocks were seen advancing for every four declines.

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