The Indian market ended on a dull note on January 7, 2013. The day had started on a flat note however, the markets were seen struggling throughout the day for specific direction. Finally , it chose to go down towards the later half as market participants took profits off the table and were cautious as the earning season was to begin soon. Traders also waited for IIP data to be announced on Friday. This led the Sensex to close at the level of 19691.42 i.e., down by 92.66 points and the Nifty to close at the level of 5988.4 i.e., down by 27.75 points. The midcap indices closed slightly positive while small-cap indices closed positive by over half a percentage point. On the sectoral front, the indices closed mixed. Metal index closed as the major gainer with gains of nearly one percentage point .On the other hand , Capital Goods index closed as the major loser with losses of nearly one and a half percentage point followed by FMCG Index with losses of just more than one percentage point.
Further, the market breadth closed slightly positive as six stocks were seen advancing for every five declining stocks.
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