Tuesday, 5 March 2013

Morning Summary, Market Synopsis: 5th March, 2013

Good Morning Everyone,
The major Indian equity benchmarks started the day on a positive note. This was on the back of hopes that central banks across the globe will continue to provide stimulus to their respective economies to grow. The Asian markets also picked up momentum after the fall in Chinese markets yesterday. The consolidation that the market did yesterday also helped Indian benchmarks to gain ground today. This led the Sensex to trade near the level of 18997.62 i.e. up by 119.66 points & the Nifty to trade near the level of 5733.20 i.e. up by 34.7 points. The Midcap index and the small cap index are trading in green with the gain of more than three-forth of a percentage point and four-tenth of a percentage point respectively. On the sectoral front, excepting Consumer Durables Index , all the indices are trading in green. IT Index is trading as the major gainer with gains of nearly one and two-tenth of a percentage point. This is followed by Realty Index which is trading with the gains of one and one-tenth of a percentage point. On the other hand, Consumer Durables Index is the biggest looser with the loss of more than three-tenth 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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