Friday 24 August 2012

Morning Summary- Market Synopsis- 24th August, 2012


Good Morning Everyone,
The key Indian equity benchmarks started the day on a subdued note and the same momentum is seen being carried-forward till now. The broader indices too are in the red, dragging the overall market into the negative territory. The Sensex is currently trading near the level of 17780 i.e., down by nearly 70 points and the Nifty is trading near the level of 5385 i.e., down by ne

arly 25 points. The midcap counters are trading negative by over half a percentage point and the small-cap counters are trading negative by a little less than half a percentage point. On the sectoral front, except for Healthcare & FMCG indices, all the other indices are trading in red. Realty & Capital Goods indices are leading the list of losers with losses of over a percentage point each. Further, the market breadth is negative as only one stock is seen advancing for every two declines.

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