Saturday, 17 November 2012

Market Synopsis, Morning Summary: 16th November, 2012



The major Indian equity benchmarks have started the day on a flat note. The continued investor concerns about the implications of fiscal cliff on the US economy, is continuously haunting the world market as a whole. The Sensex is currently trading near the level of 18540 i.e., up by nearly 70 points & the Nifty is trading near the level of 5645 i.e., up by nearly 14 point. The midcap & small-cap counters are trading positive. On the sectoral front, except for Consumer Durables & Auto indices, all the other indices are trading in green. Realty, Teck & Capital Goods indices are leading the list of gainers with gains of over half a percentage point each. Further, the market breadth is positive as two stocks are seen advancing for every one decline.




(pic courtesy: bseindia.com)

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