Morning Summary- Market Synopsis- 7th August, 2012

Good Morning Everyone,
As anticipated, the major Indian indices gave a flat opening and is still seen trading at the similar levels. The Sensex is currently trading near the level of 17520 i.e., up by nearly 110 points and the Nifty is trading near the level of 5315 i.e., up by nearly 33 point. However, the midcap and the small-cap counters are trading positive by over half a percentage point each. On the sectoral front, all the indices are trading in green. IT and Auto indices are leading the list of gainers with gains of over a percentage point each. Further, the market breadth is positive as two stocks are seen rising for every one decline.