The Sensex closed up around 168 points at 19339. The metal sector saw gains while the auto sector lost. The market breadth was positive with 1687 advancing stocks and 1286 declining. Midcap and small cap sectors rose 1.10% and 0.82% respectively. Metal stocks rose as a London metal index gained. FMCG stocks dropped on high selling. Small cap banks saw buying. European shares were little changed awaiting a US spending report. US futures traded higher. The Indian market may react to an upcoming FDI in retail vote.
1. MARKET WRAP
30.11.2012
Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I
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2. Sensex closed at 19339 up around 168 points. The sectoral gainer for the day
was the Metal sector and the loser was the Auto sector. The market breadth
was positive as there were seen 1687 stocks advancing against 1286 stocks
declining. The Midcap and Small cap sector also rose 1.10% and 0.82%
respectively.
Metal stocks were seen trading higher as gauge of six metals traded on the
London stock exchange rose. FMCG stocks dropped on the back of high level
selling. Buying was also seen in small cap banks.
In the international front, the European shares remained little changed as
the investors were waiting a report on American consumer spending. The US
index futures were trading higher. For the Indian markets, the vote on the
FDI in multi brand retail which is scheduled on December 6 and 7 on both
the houses of Parliament may act as a trigger.
Market Wrap
Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I
BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012