Wednesday 11 September 2013

Morning Summary, Market Synopsis: 11th September, 2013


The Indian equity market opened flat with Sensex opening with gains of just few points at 19999.77 while Nifty was lower by 10 points to open the day at 5887.25 on Wednesday. The intraday bias remains negative as we can see prices drifting lower after the speculator rally on Tuesday. Indian rupee was unchanged at 63.84 per dollar in early trade Wednesday as against previous day's close of 63.85.The currency had gained 380 paise in previous four consecutive sessions. On International ground, US Stocks closed near session highs on Tuesday, with the S&P 500 posting its sixth-consecutive rally, following another upbeat round of data from China and as fears over an imminent strike on Syria receded. Asian markets are also trading in green since morning. On BSE, Midcap and Small Cap are trading positive with gains of 1.10% and 0.56% respectively. On sectoral front, Capital goods is the top gainer, adding 1.72% while FMCG is the laggard to decline 1.17% as we write this.

Further the market breath stands positive with 1066 shares advancing against 809 declining shares
Photo: Morning Market Update:
The Indian equity market opened flat with Sensex opening with gains of just few points at 19999.77 while Nifty was lower by 10 points to open the day at 5887.25 on Wednesday. The intraday bias remains negative as we can see prices drifting lower after the speculator rally on Tuesday. Indian rupee was unchanged at 63.84 per dollar in early trade Wednesday as against previous day's close of 63.85.The currency had gained 380 paise in previous four consecutive sessions. On International ground, US Stocks closed near session highs on Tuesday, with the S&P 500 posting its sixth-consecutive rally, following another upbeat round of data from China and as fears over an imminent strike on Syria receded. Asian markets are also trading in green since morning. On BSE, Midcap and Small Cap are trading positive with gains of 1.10% and 0.56% respectively. On sectoral front, Capital goods is the top gainer, adding 1.72% while FMCG is the laggard to decline 1.17% as we write this.

Further the market breath stands positive with 1066 shares advancing against 809 declining shares

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