Friday, 28 December 2012

Market Synopsis, Morning Summary:28th December, 2012

The major Indian equity benchmarks started the day at the similar levels as that of yesterday’s close. However currently, the indices are seen trading in positive on the back of fresh buying in a new series of January. This has led the Sensex to trade near the level of 19444.90 i.e., up by nearly 121.90 points & the Nifty to trade near the level of 5906.15 i.e., up by nearly 36.06 points. The midcap & small-cap indices are trading positive as they are up by nearly three-forth of a percentage point. On the sectoral front, all the indices are trading in green. Oi l & Gas is leading the list of gainers with gains of nearly one and a half percentage point followed by Power Index which has gained by more than a percentage point. Further, the market breadth is positive as three stocks are seen advancing for each declining stock.

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