Wednesday, 24 October 2012

Market Synopsis, Morning Summary: 23nd October, 2012

Good Morning Everyone,
The major Indian equity benchmarks finally ended the day in red. The cautious and volatile Asian markets along with the October month expiry, pulled down the major Indian indices. This led the Sensex to close at the level of 18711.74 i.e., down by 81.70 points and the Nifty to close at the level of 5691.4 i.e., down by 25.75 points. The midcap & small-cap counters closed negative. On the sectoral front, except for Capital Goods index, all the other indices closed in red. FMCG index closed as the major loser with losses of over a percentage point. Further, the market breadth closed negative as only four stocks were seen advancing for every seven declines.

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