The Indian benchmarks ended on a weak note on April 26, 2013. After opening weak, they were seen trading in the similar levels. Over the Last couple of weeks, benchmarks have moved up rapidly. Thus they were consolidating their gains. Traders were also cautious and non committal as they were waiting for the market to take a fresh direction. While Maruti declared better than expected Q4 performance, ICICI Bnak’s Q4 performance was on expected lines. Next week outcome of RBI’s credit policy meet is expected to occupy the minds of investors. All these led the Sensex to close at the level of 19286.72 i.e. down by 120.13 points and the Nifty to close at the level of 5871.45 i.e. down by 44.85 points. The midcap index and the small cap index closed in red with the loss nearly two-third of a percentage point and more than half a percentage point respectively. On the sectoral front, all the indicies, except two closed in red. Auto Index was the biggest gainer with the gain of eight-tens of a percentage point. On the other hand Realty Index closed as the major looser with the loss of two and two-tens of a percentage point. This was followed by Oil & Gas Index which closed with the loss of one and six-tens of a percentage point.
Further, the market breadth closed negative as five stocks were seen advancing against nine declining stocks.
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