Friday 23 August 2013

Morning Summary, Market Synopsis: 23rd August, 2013

Photo: Morning Market Update:
Market opened silent today the Sensex slipper just 1.50 points and Nifty was up by 0.15 points at 18311.36 and 5408.60 respectively. Equity benchmark are trading in a tight range after previous day's short covering rally, but the broader market outperformed benchmark. The rupee recovered further on Friday, opening 25 paise higher at 64.30 per dollar as against previous close of 64.55 per dollar. The currency had touched a record low of 65.56 per dollar Thursday, but later on, it had managed to recover from that level to close at 64.55. On International front, US market edged higher on Thursday amid a weaker than expected Jobless data from the DoL. Asian market are also higher on today's early trade. Midcap and Small cap on BSE are trading in green with a gain of 0.94% each and on Sectoral front, Consumer durable is the outperformer to gain almost 3% and FMCG is the worst moving sector to trade down by 0.20% as we write this.
Further the market breath stands positive with 2 shares seen advancing against every one declining share.
Market opened silent today the Sensex slipper just 1.50 points and Nifty was up by 0.15 points at 18311.36 and 5408.60 respectively. Equity benchmark are trading in a tight range after previous day's short covering rally, but the broader market outperformed benchmark. The rupee recovered further on Friday, opening 25 paise higher at 64.30 per dollar as against previous close of 64.55 per dollar. The currency had touched a record low of 65.56 per dollar Thursday, but later on, it had managed to recover from that level to close at 64.55. On International front, US market edged higher on Thursday amid a weaker than expected Jobless data from the DoL. Asian market are also higher on today's early trade. Midcap and Small cap on BSE are trading in green with a gain of 0.94% each and on Sectoral front, Consumer durable is the outperformer to gain almost 3% and FMCG is the worst moving sector to trade down by 0.20% as we write this.
Further the market breath stands positive with 2 shares seen advancing against every one declining share.

No comments:

Post a Comment