Friday 7 September 2012

Morning Summary- Market Synopsis- 7th September, 2012

Good Morning Everyone,
The Indian stock indices gave a gap-up opening in the early minutes of the trade. The positivity of the market is spurred by a world-wide rally in the risky assets. The Sensex is currently trading near the level of 17
660 i.e., up by nearly 315 points and the Nifty is trading near the level of 5330 i.e., up by nearly 90 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. Metal and Oil&Gas indices are leading the list of gainers with gains of nearly two percentage points each. Further, the market breadth is positive as five stocks are seen advancing for every one decline.

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