The major Indian equity benchmarks started the day on a flat note on April 23, 2013.On Monday, US markets closed in positive as strong gains in materials and energy offset weak housing data and European markets ended mixed. Asian markets were trading on a cautious note today morning. After a quick rise in the benchmarks in last few days, profit booking is inevitable in Indian markets. On the other hand as investors are awaiting fresh triggers before firming up their view. All these led the Sensex to trade near the level of 19125.10 i.e. down by 44.73 points & the Nifty to trade near the level of 5815.95 i.e. down by 18.45 points. The Midcap index and the small cap index are trading in green with the marginal gain of fifteen basis points of a percentage point and four-tens of a percentage point respectively. On the sectoral front, the indices are trading mixed. Metal Index is trading as the biggest gainer with the gain of more than one and half percentage point. This is followed by IT Index which is trading with the gain of more than half a percentage point. On the other hand, Capital Goods Index is the biggest looser with the loss of more than one and one-tenth of a percentage point.
Further, the market breadth is positively placed as four stocks are seen advancing against three declining stocks.
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