Good Morning Everyone,
The major Indian equity benchmarks started the day with a gap up on the back of encouraging jobs and manufacturing data in US. However after initial blip , they could not maintain the opening level and started going down. In last several weeks benchmarks have been scaling heights. Hence Investors are cautiously trading and are awaiting some definite triggers before firming up their near term view. All this led the Sensex to trade near the level of 19873.40 i.e. up by 92.21 points & the Nifty to trade near the level of 6026.8 i.e. up by 27.9 points. The Midcap index and the Small Cap index are trading in green with the gain of four-tenth of a percentage and more than half a percentage point respectively. On the sectoral front the indices are trading mixed but with positive bias. Realty Index is the biggest gainer with the gains of nearly two percentage points. This was followed by Auto Index which is trading with the gain of nine-tenth of a percentage point. On the other hand Healthcare Index is the biggest looser with the loss of nearly half of a percentage point. Further, the market breadth is positively placed as two stocks are seen advancing against each declining stock.
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