Good Morning Everyone,The major Indian equity indices advanced smartly in early morning trade after the government notified FDI in Retail, Aviation, Broadcasting and Power Exchanges. Even the negativity of the nation-wide protests and imminent withdrawal of a key UPA ally is seemed to be losing its effect. The Sensex is currently trading near the level of 18600 i.e., up by nearly 245 points and the Nifty is trading near the level of 5640 i.e., up by nearly 85 points. This has led the midcap & the small-cap counters to trade positive by over a percentage point each. On the sectoral front, all the indices are trading in green. Capital Goods & Power indices are leading the list of gainers with gains of over two percentage points each. Further, the market breadth is positive as four stocks are seen advancing for every one decline.
No comments:
Post a Comment