Market Cools Off

The Indian market is cooling off but still looking good on the back of support from Asian markets. Sensex is trading at 16048, up 124 points and Nifty is at 4846, up 45 points from the previous close. The CNX Midcaps index is up 2.03% and BSE Smallcaps index is up 3.1%. The market breadth is positive with advances at 1042 against declines of 190 on the NSE.European Markets are trading Positive.