Good Morning Everyone,
The major Indian equity benchmarks started the day on a positive note. This was on the back of the Dow Jones Industrial Average closing at an all-time high, as the US and China reported buoyant economic data and there was continued expectations that central banks across the globe will support their respective economies.The market was trading in a tired manner after a strong run yesterday. This led the Sensex to trade near the level of 19219.39 i.e. up by 76.22 points & the Nifty to trade near the level of 5804.85 i.e. up by 20.6 points. The Midcap index and the small cap index are trading in green with the gain of more than one and a quarter of a percentage point and one and one-tenth of a percentage point respectively. On the sectoral front, excepting FMCG Index , all the indices are trading in green. Realty Index is trading as the major gainer with gains of nearly five percentage point. This is followed by Capital Goods Index which is trading with the gains of one and two-third of a percentage point. On the other hand, FMCG Index is the biggest looser with the loss of nearly half a percentage point.
Further, the market breadth is positively placed as three stocks are seen advancing against each declining stock.
The major Indian equity benchmarks started the day on a positive note. This was on the back of the Dow Jones Industrial Average closing at an all-time high, as the US and China reported buoyant economic data and there was continued expectations that central banks across the globe will support their respective economies.The market was trading in a tired manner after a strong run yesterday. This led the Sensex to trade near the level of 19219.39 i.e. up by 76.22 points & the Nifty to trade near the level of 5804.85 i.e. up by 20.6 points. The Midcap index and the small cap index are trading in green with the gain of more than one and a quarter of a percentage point and one and one-tenth of a percentage point respectively. On the sectoral front, excepting FMCG Index , all the indices are trading in green. Realty Index is trading as the major gainer with gains of nearly five percentage point. This is followed by Capital Goods Index which is trading with the gains of one and two-third of a percentage point. On the other hand, FMCG Index is the biggest looser with the loss of nearly half a percentage point.
Further, the market breadth is positively placed as three stocks are seen advancing against each declining stock.
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