Friday 4 October 2013

Morning Summary, Market Synopsis: 4th October, 2013

The Indian share market indices have opened the day on a positive note on October 4, 2013. Stocks in the auto and consumer durables space are leading the gains. However, power stocks are trading in the red. The Sensex today is up by around 61 points (0.3%), while the NSE-Nifty is up by around 18 point (0.3%). Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.4% and 0.3% respectively. The rupee is currently trading at Rs 61.73 to the US dollar. In US, Stocks finished broadly lower on Thursday, with the Dow closing below the psychologically-important 15000 mark, after gunshots were fired outside the Capitol building and as the government shutdown dragged into a third day. Asian stocks followed Wall Street shares lower on the final trading day of the week as the U.S. government shutdown dragged into a fourth day. Coming back to India, the market breadth is slightly positive as six stocks are seen advancing against five declining stocks.
Photo: Morning Market Update:
The Indian share market indices have opened the day on a positive note on October 4, 2013. Stocks in the auto and consumer durables space are leading the gains. However, power stocks are trading in the red. The Sensex today is up by around 61 points (0.3%), while the NSE-Nifty is up by around 18 point (0.3%). Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.4% and 0.3% respectively. The rupee is currently trading at Rs 61.73 to the US dollar. In US, Stocks finished broadly lower on Thursday, with the Dow closing below the psychologically-important 15000 mark, after gunshots were fired outside the Capitol building and as the government shutdown dragged into a third day. Asian stocks followed Wall Street shares lower on the final trading day of the week as the U.S. government shutdown dragged into a fourth day. Coming back to India, the market breadth is slightly positive as six stocks are seen advancing against five declining stocks.

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