Broder Markets Underperform

The broader market declined and underperformed the larger peers; the S&P BSE MidCap Index was down 0.03%, whereas S&P BSE SmallCap Index was lower by 0.11%. Eight out of the 19 sectors compiled by BSE declined, while 11 advanced in trade. The market breadth was skewed in the favour of …

READ MORE…

Sensex, Nifty Edge Lower Dragged By HDFC, ICICI Bank

Gold Silver Reports (GSR) – Eleven out of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Finance index’s 0.4 percent drop. On the other hand, the S&P BSE Realty index was top gainer, up 0.7 percent.          

Indian equity benchmarks edged lower dragged by weakness in ICICI Bank, HDFC twins and Infosys.          

READ MORE…