Daily Market Report on 17th December, 2012

Today, the Indian equity market opened flat but lost 0.37% for the day. Selling pressure was seen for major part of the day. Buyers seemed to have gave-up at least from the short-term perspective.

Buying was seen in Metal, Auto, Banking and Media stocks. Selling was visible in FMCG, IT, Infra and Power stocks

Major gainers for today were: Hindalco, Sesagoa, Ranbaxy, Cipla, Grasim and Bajaj-Auto.

Major losers for today were: TCS, Bharat Petro, Bharti Airtel, HDFC Bank, Wipro, J P Associate.

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