Neither NIFTY nor any other sectors are in any direction. There is total indecision in the market. Of the total 10 Broad Sector any economy is divided into, today there is one amazing pattern which clearly indicates the mood of the market. Guess what? 5 of them closed positive and the rest 5 closed negative, both side the gain loss was below 1%.
The Leading Sector today is ENERGY, Sole gains from ONGC has pulled up this Index. The leader on the fall is CONSUMER SERVICES, where MEDIA stocks pulled down.
The strongest industry was Telephone Cables, STRTECH leads with a close to 6% gains and the Weakest was Mining Minerals. Broad based weakness from all the Index participants has caused a strong weakness.
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