Thursday 29 August 2013

Morning Summary, Market Synopsis: 29th August, 2013

Photo: Morning Market Update:
Market opened on a positive note with Sensex gained around 175 point and Nifty surged 32 points to start the day at 18170.0 and 5316.50 respectively. The Indian rupee also preformed stronger to recover sharply from the dramatic low of 68.845, recorded in the last session. Rupee (spot) opened at 67.20 versus the previous close of 68.82 against the dollar. On Global space, the US market ended positive, reversing the two straight session's losses on the back of a rally in energy stocks benefiting from rising oil prices on Wednesday. European market settled in red. Asian markets were following the positive cues from the Wall Street today morning. On BSE, sign of green glitters as Midcap and small cap are trading up by 0.50% and 0.62% respectively. On sectoral front, Consumer Durable is the best performer to edge up 2.07% while Realty is worst moving sector to ease 0.60% as we write this.
Further the market breath stands positive with 810 shares seen advancing against 622 declining stocks.
Market opened on a positive note with Sensex gained around 175 point and Nifty surged 32 points to start the day at 18170.0 and 5316.50 respectively. The Indian rupee also preformed stronger to recover sharply from the dramatic low of 68.845, recorded in the last session. Rupee (spot) opened at 67.20 versus the previous close of 68.82 against the dollar. On Global space, the US market ended positive, reversing the two straight session's losses on the back of a rally in energy stocks benefiting from rising oil prices on Wednesday. European market settled in red. Asian markets were following the positive cues from the Wall Street today morning. On BSE, sign of green glitters as Midcap and small cap are trading up by 0.50% and 0.62% respectively. On sectoral front, Consumer Durable is the best performer to edge up 2.07% while Realty is worst moving sector to ease 0.60% as we write this.
Further the market breath stands positive with 810 shares seen advancing against 622 declining stocks.

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