Tuesday 2 April 2013

Morning Summary,Market Synopsis : 2nd April, 2013

Photo: Good Morning Everyone,
The major Indian equity benchmarks started the day with a small gap down on April 2, 2013 on the back of weak US manufacturing data which dampened the sentiment in the international market. After opening, benchmarks were seen trading in a similar level though slightly with a negative bias. Markets were sluggish as investors were not seeing any trigger in the coming days. Hence they were not interested in increasing the commitment. This led the Sensex to trade near the level of 18841.46 i.e. down by 23.29 points & the Nifty to trade near the level of 5689.20 i.e. down by 15.20 points. The Midcap index and the small cap index are trading in green with the gain of quarter of a percentage point and more than two-third of a percentage point respectively. On the sectoral front, all the indices are trading mixed. Capital Goods Index is trading as the largest gainer with the gains of eight-tenth of a percentage point. This is followed by Oil & Gas Index which is trading with the gain of slightly more than three-forth of a percentage point. On the other hand, Auto Index is the biggest looser with the loss of nearly one percentage point.
Further, the market breadth is positively placed as seven stocks were seen advancing against four declining stocks.
Good Morning Everyone,
The major Indian equity benchmarks started the day with a small gap down on April 2, 2013 on the back of weak US manufacturing data which dampened the sentiment in the international market. After opening, benchmarks were seen trading in a similar level though slightly with a negative bias. Markets were sluggish as investors were not seeing any trigger in the coming days. Hence they were not interested in increasing the commitment. This led the Sensex to trade near the level of 18841.46 i.e. down by 23.29 points & the Nifty to trade near the level of 5689.20 i.e. down by 15.20 points. The Midcap index and the small cap index are trading in green with the gain of quarter of a percentage point and more than two-third of a percentage point respectively. On the sectoral front, all the indices are trading mixed. Capital Goods Index is trading as the largest gainer with the gains of eight-tenth of a percentage point. This is followed by Oil & Gas Index which is trading with the gain of slightly more than three-forth of a percentage point. On the other hand, Auto Index is the biggest looser with the loss of nearly one percentage point.
Further, the market breadth is positively placed as seven stocks were seen advancing against four declining stocks.

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