The markets opened with impressive gap up today on the back of good amount buying seen in the realty, IT, capital goods and metal space coupled with favourable cues from the global markets. Sensex and Nifty traded extremely strong in the first half of trade but could not maintain its gains and gave up gains on account of some profit booking seen in the FMCG, metals and pharma stocks at higher levels and finally shut shop with significant gains.
BSE smallcaps and midcaps were also very strong in todays trade and the market breadth was also positive with advance decline ratio of 6:1. Volume was relatively muted today.
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