Tuesday 8 January 2013

Market Synopsis: 8th January, 2013



The Indian market ended on a firm note on January 8, 2013. The day had started on a flat note however, the markets after correcting in the first part of the trading day, rebounded to recover its losses. The heavy weights like HDFC and ITC supported the move. This led the Sensex to close at the level of 19742.52 i.e., up by 51.10 points and the Nifty to close at the level of 6001.7 i.e., up by 13.30 points. The midcap indices closed marginally positive while small-cap indices closed negative by over quarter of a percentage point. On the sectoral front, the indices closed mixed. Realty index closed as the major gainer with gains of nearly one and a quarter percentage point .On the other hand , Consumer Durables index closed as the major loser with losses of two percentage points followed by Metal Index with losses of just less than one percentage point.
Further, the market breadth closed slightly negative as three stocks were seen advancing for every four declining stocks.


(source:bseindia.com)

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