A bout of volatility was witnessed during the last one hour or so of trade as key benchmark indices trimmed gains after striking fresh intraday high. The BSE Sensex, was provisionally up 33.84 points or 0.16%, and CNX Nifty shut shop up by 12 points (0.20%) at 6174.6 to mark its first daily gain this year, snapping a five-session losing run.
The market breadth, indicating the overall health of the market, was positive. The advance to decline in Nifty50 stands at 28 advances to 22 declines. The advance to declines in Nifty midcap50 stands a tad better at 30 advances to 20 declines(for the last couple of days this trend is witnessed) possibly indicating Mid-cap stocks may continue to see better action than large-caps in the coming few days.
The market breadth, indicating the overall health of the market, was positive. The advance to decline in Nifty50 stands at 28 advances to 22 declines. The advance to declines in Nifty midcap50 stands a tad better at 30 advances to 20 declines(for the last couple of days this trend is witnessed) possibly indicating Mid-cap stocks may continue to see better action than large-caps in the coming few days.
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