The major Indian equity benchmarks started the day on a stable note on April 10, 2013 on the back of relatively stronger international cues. The US markets finished off their best levels but the Dow still posted a fresh closing high. The S&P 500 traded within two points of its all-time peak earlier in the session. Asian markets rose for third straight session today ahead of Chinese trade data. Japan’s Nikkei hit a five year high. Indian market is waiting for the trade balance data to be declared today. This will show the current deficit numbers for FY13. All these led the Sensex to trade near the level of 18228.26 i.e. up by just 1.78 points & the Nifty to trade near the level of 5501.4 i.e. up by 6.30 points. The Midcap index and the small cap index are trading in red with the loss of quarter of a percentage point and nearly one- fifth of a percentage point respectively. On the sectoral front, the indices are trading mixed. IT Index is trading as the biggest gainer with the gains of one percentage point. This is followed by Teck Index which is trading with the gain of slightly less than one percentage point. On the other hand, Auto Index is the biggest looser with the loss of three-forth of a percentage point.
Further, the market breadth is negatively placed as two stocks were seen advancing against three declining stocks.
No comments:
Post a Comment