Good morning everyone..
The frontline Indian equity benchmarks started the day with slim gains, as market participants seemed to be cautious after a two-month rally. The broader market indices continue to out-perform the Large-Cap peers as investors see value in beaten down stocks. The Sensex is currently trading near the level of 18860 i.e., up by nearly 35 points and the Nifty is trading near the level of 5730 i.e., up by nearly 11 points. The midcap & the small-cap counters are trading positive. On the sectoral front, the indices are trading mixed. Oil&Gas index is leading the list of gainers with gains of over half a percentage point while Consumer Durables index is leading the list losers with the loss of half a percentage point. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(Pic source: bseindia.com)
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