The major Indian equity benchmarks started the day on a positive note on May 8, 2013. US equity markets rallied near their best levels on Tuesday . The Dow closed above 15,000 for the first time ever and Europe too gained on better- than-expected data from Germany.in Asia, Japanese market is at five-year high today. Foreign funds continued their buying spree in the Indian shares. Foreign institutional invetsor bought shares worth Rs 665 crore in cash on Tuesday, as per provisional data on the National Stock Exchange. All these have led the Sensex to trade near the level of 19949.90 i.e. up by 60.95 points & the Nifty to trade near the level of 6057.70. I.e. down by 14.15 points. The Midcap index and small cap Index are trading in green with the gain of nearly four-tens of a percentage point and six-tens of a percentage point respectively. On the sectoral front, the indices are trading mixed. The Metal Index is trading as the biggest gainer with the gain of nearly six-tens of percentage point. This is followed by the Realty Index which is trading with the gain of nearly five-tens of percentage point. On the other hand, Power Index is the biggest loser with the loss of nearly two-tens of a percentage point.
Further, the market breadth opened positive as nine stocks were seen advancing against five declining stocks.
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