Thursday 7 November 2013

Morning Summary, Market Synopsis: 7th October, 2013

Photo: Morning Market Update:
The market opened flat today with Sensex opening at 20896.13, higher by 2 a meager 2 points and Nifty was up by 13 points to open the day at 6228.90. Though the market opened marginally higher today, the bias remains negative on back of profit booking sentiments of traders. Indian rupee opened flat at 62.40 per dollar on Thursday as against previous day's closing of 62.39 per dollar. Globally, the US market closed mixed on Wednesday with Dow notched another record close as traders bought into optimism that Fed could continue its QE program for a longer time. On BSE, Midcap and Small cap are trading marginally higher with Midcap gaining 0.43% and Small cap is up around 0.18% as we write this. On secotral front, IT remains the top performer to gain 0.83% while consumer durable is worst trading sector to lead declines by 1.51%.
Further the market breath stands positive with 725 shares are seen advancing against 477 declining shares
The market opened flat today with Sensex opening at 20896.13, higher by 2 a meager 2 points and Nifty was up by 13 points to open the day at 6228.90. Though the market opened marginally higher today, the bias remains negative on back of profit booking sentiments of traders. Indian rupee opened flat at 62.40 per dollar on Thursday as against previous day's closing of 62.39 per dollar. Globally, the US market closed mixed on Wednesday with Dow notched another record close as traders bought into optimism that Fed could continue its QE program for a longer time. On BSE, Midcap and Small cap are trading marginally higher with Midcap gaining 0.43% and Small cap is up around 0.18% as we write this. On secotral front, IT remains the top performer to gain 0.83% while consumer durable is worst trading sector to lead declines by 1.51%.
Further the market breath stands positive with 725 shares are seen advancing against 477 declining shares

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