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Monday, 11 February 2013

Market Synopsis, Market Heatmap: 11th February, 2013


The Indian benchmarks ended on a flat note on February 11, 2013. After opening at the similar levels as that of previous day’s close, market moved in a band in the early hours of trade. They soon made a low and started trading with slightly positive bias. However, they could not sustain the gains and slipped to close flat. Selling activity intensified in the final hours pushing the indices into the red. Major Asian markets were closed today on account of Lunar new year . This led the Sensex to close at the level of 19460.57 i.e. down by 24.20 points and the Nifty to close at the level of 5897.85 i.e. down by 5.65 points. The midcap index and the small-cap index closed in red with the loss of two-tenth of a percentage point and three-tenth of a percentage point respectively. On the sectoral front the indices closed mixed . Realty Index closed as the biggest gainer with the gains of nine -tenth of a percentage point. This was followed by Healthcare Index which closed with the gain of three-forth of a percentage point. On the other hand Capital Goods Index and Teck Index closed as the biggest loosers with the loss of eight-tenth of a percentage point and four-tenth of a percentage point respectively.

Further, the market breadth closed negative as two stocks were seen advancing for three declining stocks.

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