Thursday 10 October 2013

Morning Summary, Market Synopsis: 10th October, 2013

Photo: Morning Market Update:
The Indian stock market indices have opened the day Of October 10, 2013 on a firm note. The Sensex today is up by around 37 points (0.2%), while the NSE-Nifty is up by around 20 points (0.3%). The BSE Mid Cap and BSE Small Cap stocks have also opened in the green with the BSE-Midcap index and the BSE-Smallcap index up by around 0.6% and 0.5% respectively. On the international front, in US The Dow and S&P 500 narrowly avoided a three-day losing streak in volatile trading on Wednesday, but the ongoing anxiety over the political gridlock in Washington kept a damper on gains. Asian equity markets were mixed on Thursday as hopes rose for a break in Washington's political impasse after President Obama launched a series of meetings with lawmakers at the White House. Coming back to India barring banking and oil and gas, the sectoral indices have opened in the green with the stocks in the realty and metal space leading the gains. The breadth of the market is positively placed as eleven stocks are seen advancing against five declining stocks.
The Indian stock market indices have opened the day Of October 10, 2013 on a firm note. The Sensex today is up by around 37 points (0.2%), while the NSE-Nifty is up by around 20 points (0.3%). The BSE Mid Cap and BSE Small Cap stocks have also opened in the green with the BSE-Midcap index and the BSE-Smallcap index up by around 0.6% and 0.5% respectively. On the international front, in US The Dow and S&P 500 narrowly avoided a three-day losing streak in volatile trading on Wednesday, but the ongoing anxiety over the political gridlock in Washington kept a damper on gains. Asian equity markets were mixed on Thursday as hopes rose for a break in Washington's political impasse after President Obama launched a series of meetings with lawmakers at the White House. Coming back to India barring banking and oil and gas, the sectoral indices have opened in the green with the stocks in the realty and metal space leading the gains. The breadth of the market is positively placed as eleven stocks are seen advancing against five declining stocks.

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