The major Indian equity benchmarks started the day in red based on the concerns over the US's fiscal cliff and on a series of air strikes by Israel in the Gaza strip. The Sensex is currently trading near the level of 18500 i.e., down by nearly 115 points & the Nifty is trading near the level of 5660 i.e., down by nearly 1 point. The midcap & small-cap counters are trading negative. On the sectoral front, the indices are trading mixed. Realty index is leading the list of gainers with gains of over a percentage point while IT index is leading the list of losers with losses of nearly one and a half percentage point. Further, the market breadth is negative as only one stock is seen advancing for every two declines.
(pic courtesy: bseindia.com)
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