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Monday, 24 December 2012

Market Synopsis, Market Heatmap: 24th December, 2012



The major Indian equity benchmarks ended the day on December 24, 2012 on the same flattish note as they had started. Though the starting and the ending was flat,a gap up opening of the early session got corrected during the day. The markets were seen diving down to the previous levels as market participants preferred to take some profit off the table. The traders also avoided taking up huge positions in a week marked by Christmas holiday on Tuesday and derivatives expiry on Thursday. This led the Sensex to close at the level of 19255.09 i.e., up by 13.09 points and the Nifty to close at the level of 5855.75 i.e., up by 8.05 points. The midcap and the small cap indicies closed positive by about a quarter percentage point each. On the sectoral front, indicies closed mixed .Teck Index and Realty index closed as the major gainer with gains of nearly a percentage point. While Metal index closed as a major looser with loss of nearly half a percentage point.Further the market breadth was neutrally placed as one stock was seen advancing against each declining stock . Find out more http://www.facebook.com/bmawealth/app_206541889369118

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