Good Morning Everyone,
The key Indian stock indices advanced moderately in the opening minutes of the trade. The possibility of the Government deferring GAAR rollout by three years is providing the required positive boost to the Indian market, despite a negative environment prevailing in the Asian market. The Sensex is currently trading near the level of 17440 i.e., up by nearly 10 points and the
Nifty is trading near the level of 5275 i.e., up by nearly 20 points. This has led the midcap counters to trade positive by over half a percentage point while the small-cap counters are trading positive by a little less than half a percentage point. On the sectoral front, except for Oil&Gas & Metal indices, all the other indices are trading in green. Auto index is leading the list of gainers with gains of little less than a percentage point. Further, the market breadth is positive as nine stocks are seen advancing for every four declines.
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