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 …

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Nifty

Sensex, BSE MidCap Valuation Gap Shrinks Sharply in FY19

With the BSE MidCap index seeing a sharp fall this year, its valuation premium over larger set of stocks is shrinking at a rapid pace. From beginning of this fiscal, the premium of BSE MidCap index to Sensex has slipped 65.11% to current levels from the highs it had touched on 3 September.

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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.          

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