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Monday, 1 April 2013

Morning Summary,Market Synopsis : 1st April, 2013


Good Morning Everyone,
The major Indian equity benchmarks started the day on a flat note on April 1, 2013 on the back of lack of any important cues both from domestic front and international front. However, some initial support helped benchmarks to maintain their position and subsequently add to their value. They started inching higher. On the other hand currency market is closed today , thus a strong activity is missing. This led the Sensex to trade near the level of 18934.05 i.e. up by 98.28 points & the Nifty to trade near the level of 5712.45 i.e. up by 29.90 points. The Midcap index and the small cap index are trading in green with the gain of nearly one percentage point and one and half a percentage point respectively. On the sectoral front, all the indices except two are trading in green. Realty Index is trading as the largest gainer with the gains of more than three and half a percentage point. This is followed by Capital Goods Index which is trading with the gain of slightly less than two percentage point. On the other hand, Auto Index is the biggest looser with the loss of nearly six-tenth of a percentage point
Further, the market breadth is positively placed as three stocks were seen advancing against one declining stock.

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