Friday, 28 December 2012

Market Synopsis: 28th December, 2012

The major Indian equity benchmarks started the day at the similar levels as that of yesterday’s close. During the day they gained further ground on the back of buying in energy stocks , following the report that the prices of Diesel and Kerosene will be gradually hiked. The benchmark also took cues from firm international markets. This led the Sensex to close at the level of 19444.84 i.e., up by nearly 121.04 points & Nifty to trade at the level of 5908.35 i.e., up by nearly 38.25 points. The midcap index closed positive with the gain of more than three forth of a percentage point, While small-cap index closed positive with the gain of nearly a quarter of a percentage point. On the sectoral front, all the indices closed in green, excepting Bank Index which closed slightly negative. . Oi l & Gas Index was the major gainer with the gains of nearly two and a half percentage followed by IT Index which gained by nearly one and a quarter percentage point. Further, the market breadth was neutrally placed as one stock was seen advancing for each declining stock.Find out more


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