The Indian benchmarks ended on a positive note on April 2, 2013. After opening with a gap down, they soon touched the lows and reversed their direction. They inched up slowly but inevitably, only to close near to the high of the day. There was sufficient interest in Mid Cap stocks also. The biggest news of the day was an inter-city fiber sharing agreement between the Ambani brothers. The deal had a positive effect on Anil Ambani's group stocks. All these led the Sensex to close at the level of 19040.95 i.e. up by 176.20 points and the Nifty to close at the level of 5748.10 i.e. up by 43.70 points. The midcap index and the small cap index closed in green with the gain of nearly one and half of a percentage point and more than two and quarter of a percentage point respectively. On the sectoral front all the indicies closed in green. Metal Index was the biggest gainer with the gain of more than two percentage point. This was followed by Oil & Gas Index which closed with the gain of nearly two percentage point. On the other hand FMCG Index closed as the least gainer with the marginal gain of seven basis point of a percentage point.
Further, the market breadth closed positive as three stocks were seen advancing against each declining stock.
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