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Friday, 23 November 2012

Market Synopsis, Morning Summary: 22nd November, 2012




The major Indian equity benchmarks had started the day on a flat note and is currently seen trading at similar levels. The Asian markets are seen trading in green tracking the fall in initial jobless claims in the US and a weakening of the yen against the dollar. The Sensex is currently trading near the level of 18500 i.e., up by nearly 40 points & the Nifty is trading near the level of 5630 i.e., up by nearly 15 point. The midcap & small-cap counters are trading positive by over half a percentage point each. On the sectoral front, except for IT & Oil&Gas indices, all the other indices are trading in green. PSU, Banks & Realty 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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