The Indian benchmarks ended on a slightly positive note on February 18, 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. In the later half, the benchmarks also gained some momentum However, they could not sustain the gains and slipped a bit before closing. Public sector companies such as MMTC and Hindustan Copper gain 9.5 percent and 4.5 percent respectively on hopes of good demand in the upcoming stake sales by the government. This led the Sensex to close at the level of 19501.08 i.e. up by 32.93 points and the Nifty to close at the level of 5898.2 i.e. up by 10.80 points. The midcap index and the small-cap index closed in green with the gain of four-tenth of a percentage point and seven-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 more than two percentage point. This was followed by Capital Goods Index which closed with the gain of one and two-tenth of a percentage point. On the other hand IT Index and Teck Index closed as the biggest looser with the loss of nearly half a percentage point each.
Further, the market breadth closed negative as three stocks were seen advancing for two declining stocks.
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