Tuesday, 6 November 2012

Market Synopsis, Market Heatmap: 5th November, 2012



The major Indian equity benchmarks ended the day on a flattish note. After three successive days of gains, the indices seemed to had taken a breather as investors are focused on the upcoming US Presidential elections. European indices were also weak on concerns that Greece will find it difficult to get a bailout. Moreover, the Asian markets too closed lower. The Sensex closed at the level of 18762.87 i.e., up by 7.42 points and the Nifty closed at the level of 5704.2 i.e., up by 6.50 points. The midcap & small-cap counters closed negative. On the sectoral front, the indices closed mixed. FMCG index closed as the major gainer with gains of over a percentage point while Power index closed as the major loser with losses of over half a percentage point. Further, the market breadth closed negative as four stocks were seen advancing for every five declines.

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