Wednesday, January 28, 2009

The Indian markets started the day’s proceeding on a firm note.

The Indian markets started the day’s proceeding on a firm note. While stocks from the automobile and capital goods sectors are leading the pack of gainers, select stocks from the consumer durables and metals space are at the receiving end. The overall market breadth is positive with gainers outnumbering losers by a ratio of almost 1.8 to 1 on the BSE. As regards global markets, while the US markets ended in the green, European markets ended in the red yesterday. The Asian markets are currently trading mixed. While stocks from the automobile and capital goods sectors are leading the pack of gainers, select stocks from the consumer durables and metals space are at the receiving end. The overall market breadth is positive with gainers outnumbering losers by a ratio of almost 1.8 to 1 on the BSE. As regards global markets, while the US markets ended in the green, European markets ended in the red yesterday. The Asian markets are currently trading mixed.

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