Wednesday 23 October 2013

Morning Summary, Market Synopsis: 23rd October, 2013

Photo: Morning Market Update:
The market has opened on a flat note. The Sensex is down 16.74 points at 20751.14, and the Nifty is down 15.55 points at 6162.80. The rupee has opened flat at 61.57 per dollar on Thursday as against previous day's closing of 61.59. The dollar edged higher this morning, but was hemmed in its recent range as investors remain cautious about liquidity conditions in China. On international front, US stocks finished lower Wednesday, with the S&P 500 snapping a four-day streak of record highs, following weakness in global equities and a mixed bag of earnings reports. Asian equity markets pared losses Thursday following upbeat manufacturing data from China but concerns over tight liquidity in the mainland continued to weigh on sentiment. On BSE, Midcap and Smallcap are trading higher by 0.84% and 0.75% respectively while on Sectoral front, all the sectors are trading in green, indicating positive bias. Realty is the top performer to gain more than 2% while the least gainer is healthcare, adding 0.22% as we write this.
Further the market breath stands positive with 916 shares are seen advancing against 335 declining shares.
The market has opened on a flat note. The Sensex is down 16.74 points at 20751.14, and the Nifty is down 15.55 points at 6162.80. The rupee has opened flat at 61.57 per dollar on Thursday as against previous day's closing of 61.59. The dollar edged higher this morning, but was hemmed in its recent range as investors remain cautious about liquidity conditions in China. On international front, US stocks finished lower Wednesday, with the S&P 500 snapping a four-day streak of record highs, following weakness in global equities and a mixed bag of earnings reports. Asian equity markets pared losses Thursday following upbeat manufacturing data from China but concerns over tight liquidity in the mainland continued to weigh on sentiment. On BSE, Midcap and Smallcap are trading higher by 0.84% and 0.75% respectively while on Sectoral front, all the sectors are trading in green, indicating positive bias. Realty is the top performer to gain more than 2% while the least gainer is healthcare, adding 0.22% as we write this.
Further the market breath stands positive with 916 shares are seen advancing against 335 declining shares.


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