Saturday, 18 August 2012

Market Heatmap- 16th August, 2012

Market Heatmap
Triggered by positive global cues, the Indian markets started trade on a strong note. The rise in the rupee against USD further boosted market sentiment and pulled the key indices higher. However, post the announcement of the CAG report on coal blocks allotment, the market lost its gains and slipped in red to intraday lows. The indices finally ended flat with a positive bias. Sensex

 closed at 17691 with a gain of 34 points while Nifty ended the day at 5366 with a gain of 3 points. Sectorally, Realty, Power & Metal were the biggest losers with loss of over 1.5% points while FMCG and IT closed with over one percent gains. The market breadth was negative and four stocks were seen advancing against every five declines.

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