Friday 5 October 2012

Morning Summary, Market Synopsis- 5th October, 2012


Good Morning Everyone..
The major Indian equity indices started the day on a positive note, boosted by the ECB Bond-buying plan. Due to some technical errors, market had observed a sudden random drastic drop, but the markets have stabilized now and is back to its previous posture. The Sensex is currently trading near the level of 19020 i.e., down by nearly 40 points and the Nifty is trading near  the level of 5760 i.e., down by nearly 30 points. The midcap & the small-cap counters are trading negative by over half a percentage point each. On the sectoral front, the indices are trading mixed. Auto index is leading the list of gainers with gains of nearly a half percentage point while Realty, IT & Teck indices are leading the list of losers with losses of over one and a half percentage points each. Further, the market breadth is negative as only one stocks is seen advancing for every three declines.


(Pic Source: bseindia.com)

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