Market Heatmap, Market Synopsis: 5th December, 2012

The major Indian equity benchmarks managed to close the day in green on December 5, 2012 while heated debate over FDI in parliament continued. The day had started on with a gap up, was succeeded by consolidation in the first half, and a sharp correction in the last hour. But finally the indices closed in green, almost towards the high point of the day. . This led the Sensex to close at the level 

of 19391.86 i.e., up by 43.74 points and the Nifty to close at the level of 5904.45 i.e., up by 15.20 points. Nifty managed to close above 5900 for the first time since April 13, 2011. The midcap counters and the small-cap counters closed positive by less than half a percentage point. On the sectoral front, the indices closed mixed .Reality Index and Metal Index closed as the major gainer with gains of over two and a half percentage point and one and a half percentage point respectively. While IT index closed as the major loser with losses of nearly one and a quarter percentage point.

Further the market breadth was positively placed as three stocks were seen advancing against two declining stocks