Thursday, 3 January 2013

Market Synopsis, Morning Summary: 3rd January, 2012




The major Indian equity benchmarks started the day with a small gap up and till now the high of the day has been close to the opening. Markets are trading firm though cautious. Today is the third consecutive day , where markets have opened firm on the back of sustained buying by investors. This has led the Sensex to trade near the level of 19740.58 i.e., up by nearly 26.34points & the Nifty to trade near the level of 6002.3 i.e., up by nearly 9.05 points. The midcap & small-cap indices are trading positive with a gain of near to three forth of a percentage point . On the sectoral front, the indices are trading mixed. IT Index is leading the list of gainers with gains of over one percentage point followed by Teck Index which has gained nearly one percentage point. While FMCG index is the most loosing index and is trading slightly in negative. Further, the market breadth is positive where seven stocks are advancing against four declining stocks.

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