Sunday, 14 October 2012

Market Synopsis, Morning Update: 15th October, 2012

The major Indian equity indices started the day on a subdued note as investors await the quarterly earnings from index bellwether Reliance Industries Ltd. (RIL) and banking major Axis Bank. The Sensex is currently trading near the level of 18600 i.e., down by nearly 75 points and the Nifty is trading near the level of 5655 i.e., down by nearly 20 points. However, the midcap & the small-cap counters are still trading positive. On the sectoral front, the indices are trading mixed. Realty & Healthcare indices are leading the list of gainers with gains of over half a percentage point each while Bank & Consumer Durables indices are leading the list of losers with losses of over half a percentage point each. Further, the market breadth is positive as four stocks are seen advancing for every three declines.

(pic source: bseindia.com)

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