The major Indian equity benchmarks started the day with a gap up on April 22, 2013. This is on the back of positive session on wall street and sustained buying by FIIs. Investors are building hopes on reform action as the Parliament session resumes today. However the market could be volatile as it is a truncated week and also F&O expiry is lined up on Thursday. All these led the Sensex to trade near the level of 19071.42 i.e. up by 54.96 points & the Nifty to trade near the level of 5811.15 i.e. up by 28.05 points. The Midcap index and the small cap index are trading in green with the gain of more than half a percentage point and seven-tens of a percentage point respectively. On the sectoral front, the indices are trading mixed. Consumer Durables Index is trading as the biggest gainer with the gain of more than two percentage point. This is followed by Bank Index which is trading with the gain of one and three-forth of a percentage point. On the other hand, IT Index is the biggest looser with the loss of more than two percentage points.
Further, the market breadth is positively placed as nine stocks are seen advancing against five declining stocks.
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