Market Heatmap- 2nd August, 2012

The market snapped four days of gains and closed in the red after US Federal Reserve took no action a day earlier. Investors turned increasingly cautious as hopes of stimulus action by central banks thinned ahead of a European Central Bank's meeting later in the day. The Sensex closed at the level of 17224.40 i.e., down by 33.02 points and the Nifty closed at the level of 5227.75 i.e., down by 12.75 points. On the sectoral front, the indices closed mixed. Consumer Durables, FMCG, Capital Goods & Power indices closed as the major gainers while Oil & Gas index closed as the major loser with losses of nearly a percentage point. Further, the market breadth was positively placed as four stocks were seen advancing for every three declines.Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118