The Indian market ended on a firm note on January 10, 2013 but soon started losing ground. The trading was lackluster and traders were cautious ,waiting for the tech major Infosys quarterly results which are to be announced on Friday. The impending announcement of IIP data on Friday was also on the mind of the traders. The crucial ECB meet in the later part of the day could also affect the Indian markets opening early tomorrow. All these led the Sensex to close flat at the level of 19663.55 i.e. down by 3.04 points and the Nifty to close at the level of 5968.65 i.e. down by 2.85 points. The midcap indices and the small-cap indices , both closed negative by nearly half a percentage point. On the sectoral front, the indices closed mixed. Bank index closed as the major gainer with gains of more than half a percentage point .On the other hand , Power index closed as the major loser with losses of nearly one percentage point followed by Healthcare Index with losses of just less than three forth of a percentage point.
Further, the market breadth closed negative as one stock was seen advancing for every two declining stocks.
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(courtesy:bseindia.com)
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