Good Morning Everyone ,
The major Indian equity benchmarks started the day flat and soon turned weak with a swift fall of forty points in nifty. This happened following the weak global cues. This has led the Sensex to trade near the level of 19398.57 i.e., down by nearly 77.44 points & the Nifty to trade near the level of 5900.30 i.e., down by nearly 29.55 points. The midcap & small-cap indices are trading negative by nearly quarter of a percentage point each. On the sectoral front, except for Health care index, all the other indices are trading in red. Health care index is trading positive with the gain of more than half of percentage point While Reality index is the biggest looser with the loss of more than a percentage point. Further, the market breadth is negative as one stock is seen advancing for every two declines.
(Pic Source: bseindia.com)
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