Market Synopsis: 27th November, 2012

The major Indian equity benchmarks ended the day on December 27, 2012 in red on a weak note after opening with a small gap up. For the major part of the day , benchmark consolidated in a narrow range. It was only at the last hour of trades that the settlement pressure forced indicies to loose ground and close towards the low of the day. This led the Sensex to close at the level of 19323.8 i.e., down by 93.66 points and the Nifty to close at the level of 5870.10 i.e., down by 35.50 points. The midcap index closed in red with the loss of more than a quarter of a percentage point . While the small cap index lost nearly a three-fourth of a percentage point. On the sectoral front, all the indicies except Auto index and PSU index closed in red .Auto Index and PSU Index closed as the major gainer being able to close marginally in positive. While IT index closed as a major looser with loss of more than three forth of a percentage point. Further the market breadth was negatively placed as one stock was seen advancing against two declining stocks. Find out morehttp://www.facebook.com/bmawealth/app_206541889369118

(picsource:bseindia.com)