Good Morning Everyone,
The major Indian equity benchmarks started the day with a gap down on the back of falling markets in Europe and USA as rising political tension in Spain and Italy prompted investors to book profit. However, after the gap down opening , benchmarks are trading higher than the opening level and the low touched then has acted as a support till now. Services PMI and composite PMI for January by HSBC will be released today. All this led the Sensex to trade near the level of 19697.13 i.e. down by 54.06 points & the Nifty to trade near the level of 5962.8 i.e.down by 24.45 points. The Midcap index and the Small Cap index are trading in red with the loss of eight-tenth of a percentage point and nearly one percentage point respectively. On the sectoral front all the indices are trading in red except Healthcare Index. Healthcare Index is trading as the biggest gainer with the gains of nearly half a percentage point. On the other hand Realty Index is trading as the biggest looser with the loss of more than one percentage point. This was followed by Metal Index which is trading with the loss of nine-tenth of a percentage point.
Further, the market breadth is considerably negatively placed as three stocks are seen advancing against ten declining stocks.
No comments:
Post a Comment