The major Indian equity benchmarks started the day on a flat note on April 29, 2013.In the US markets, stocks finished mixed amidst lackluster trading on Friday. The S&P 500 and the Nasdaq snapped their five-day winning streak, after weaker-than-expected economic reports discouraged buying. However, Asian shares crept ahead on Monday, Markets are getting ready for a busy week for economic data and central bank policy meetings in the euro zone and United States apart from India. RBI meet on credit policy is going to take place on May 3, 2013 and investors are waiting for the same. This week also is going to be a truncated one. All these led the Sensex to trade near the level of 19350.02i.e. up 63.30 by points & the Nifty to trade near the level of 5890.35. i.e. up by 18.90 points. The Midcap index and small cap Index are trading in green with the gain of four-tens of a percentage point and quarter of a percentage point respectively. On the sectoral front, all the indices, except two are trading in green. Auto Index is trading as the biggest gainer with the gain of nearly one percentage point. This is followed by IT Index which is trading with the gain of eight-tens of percentage point. On the other hand, Metal Index is the biggest looser with the loss of quarter of a percentage point.
Further, the market breadth is positively placed as three stock are seen advancing against two declining stocks.
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