The major Indian equity benchmarks started the day with a gap down on April 4, 2013 on the back of negative international cues emerging from building worries over North Korea threat of attack. Post opening, benchmarks slipped to the lower level. Currently they were seen trading near to the low of the day. With market operators and high networth individuals having lost heavily in the midcap carnage over the last couple of months, there were no strong hands to absorb selling by foreign funds. This led the Sensex to trade near the level of 18670.80 i.e. down by 130.84 points & the Nifty to trade near the level of 5626.3 i.e. down by 46.6 points. The Midcap index and the small cap index are trading in red with the loss of three-forth of a percentage point and slightly more than one percentage point respectively. On the sectoral front, all the indices, except two are trading in red. IT Index is trading as the biggest looser with the loss of nearly one and three-forth of a percentage point. This is followed by Realty Index which is trading with the loss of one and half percentage point. On the other hand, Auto Index is the biggest gainer with the gain of half a percentage point.
Further, the market breadth is negatively placed as one stock was seen advancing against three declining stocks.
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