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Thursday 1 November 2012

Market Synopsis, Market Heatmap: 1st November, 2012



The major Indian equity benchmarks, ended the day in green. The indices had opened on a sluggish note however, the weakness was very short-lived and the indices were soon seen trading higher. After a three-four days of weakness, markets today finally succeeded in breaking the momentum and edged higher and then closed the day near the intraday highs. This led the Sensex to close at the level of 18561.7 i.e., up by 56.32 points and the Nifty to close at the level of 5645.05 i.e., up by 25.35 points. The midcap & small-cap counters closed positive by over half a percentage point each. On the sectoral front, except for the Oil&Gas & FMCG indices, all the other indices closed in green. Consumer Durables index closed as the major gainer with gains of over five and a half percentage points. Further, the market breadth closed positive as seven stocks were seen advancing for every four declines. 

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