Good Morning Everyone,
The major Indian equity benchmarks started the day firm and opened with a slight gap up on the back of strong international cues. This small gain was consolidated further when benchmarks started scaling higher grounds. This was due to emergence of buying at lower levels . However traders are cautious in the absence of key trigger. All this led the Sensex to trade near the level of 19713.41 i.e. up by 152.37 points & the Nifty to trade near the level of 5966.5 i.e. up by 44 points. The Midcap index and the Small Cap index are trading in green with the gain of eight- tenth of a percentage point and half a percentage point respectively. On the sectoral front , all the indices excepting FMCG Index are trading in green . Auto Index is trading as the major gainer with gains of nearly one and a quarter of a percentage point. This is followed by Teck Index which is trading with the gains of nearly one and two-tenth of a percentage point. On the other hand, FMCG index is the biggest looser with the loss of nearly sixteen basis points of a percentage point.
Further, the market breadth is positively placed as two stocks are seen advancing against each declining stock.
No comments:
Post a Comment