BROADER MARKET OUTPERFORM; BSE MIDCAP INDEX GAINS 0.6%

• The market has opened last trading day of 2014 on a very flat note.The Sensex is down 6.06 points at 27397.48 and the Nifty down 2.55 points at 8245.70. 
• In the broader market, both the BSE Midcap and Smallcap indices have performed better than the front-liners with gains of around 0.6% each.  Market breadth in BSE is positive with 1,269 advances against 685 declines.
• BSE Metal and Power indices up 0.6% each are the lead gainers followed by BSE Oil & Gas index and BSE Bankex which have gained around 0.5% each. 
• BSE Auto index, down 0.3% is the only loser among sectoral indices.Bajaj Auto and M&M have declined 0.9%, and 1.4% respectively. 
• Tata Motors, Maruti Suzuki and Hero Motocorp have lost between 0.2% and 0.4% each.
• Metal stocks have rebounded in today’s trade. Sesa Sterlite, Tata Steel and Hindalco have gained 0.7%, 0.9% and 1.6% respectively.
• Financials are largely trading higher with ICICI Bank, up 0.8% leading the gains followed by Axis Bank, up 0.6%, SBI, up 0.4% and HDFC, up 0.2%.
• ONGC, GAIL and Reliance have gained around 0.2%, 0.5% and 0.7% respectively.
• Lupin has gained around 0.4.
• Among other pharma shares, Cipla and Dr Reddys Lab have gained 0.5% and 0.9% each.