The market is showing resilience and trading steady despite poor inflation numbers. Sensex is trading at 15807, up 112 points and Nifty is at 4771, up 38 points from the previous close. The CNX Midcaps index is up 0.25% and BSE Smallcaps index is up 0.50%. The market breadth is positive with advances at 687 against declines of 449 on the NSE.It was quite contradictory to what we saw last Friday when the market immediately reacted and the sensex fell to over 500 points.
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