Friday 31 January 2014

Morning Summary, Market Synopsis: 31st January, 2014


After yesterday’s carnage, the market kick-started February series on a mildly higher note. The Sensex is at 20521, up 17.59 points while Nifty is at 6077, up 4 points. The rupee gained 17 paise to 62.39 against the dollar in early trade on Friday. Yesterday the rupee closed at 62.56 to the dollar. Dollar is at one-week high against a basket of major currencies. Globally, The Wall Street bounced back on Thursday boosted by positive earnings and on the back of the US economy expanding 3.2 percent. Europe too closed higher. In Asia, Japan opened positive in morning trade. However, trading volumes were thin due to the Chinese New Year holidays. On BSE, Midcap and Small cap are trading higher by 0.5% and 1.12% respectively. On sectoral front, Teck is the top performer to gain 1.17% while on downside, Autois trading lower by 0.26%.
Further the market breath stands positive with 1211 shares are seen advancing against 447 declining shares.
Photo: Morning Market Update: 
After yesterday’s carnage, the market kick-started February series on a mildly higher note. The Sensex is at 20521, up 17.59 points while Nifty is at 6077, up 4 points. The rupee gained 17 paise to 62.39 against the dollar in early trade on Friday. Yesterday the rupee closed at 62.56 to the dollar. Dollar is at one-week high against a basket of major currencies. Globally, The Wall Street bounced back on Thursday boosted by positive earnings and on the back of the US economy expanding 3.2 percent. Europe too closed higher. In Asia, Japan opened positive in morning trade. However, trading volumes were thin due to the Chinese New Year holidays. On BSE, Midcap and Small cap are trading higher by 0.5% and 1.12% respectively. On sectoral front, Teck is the top performer to gain 1.17% while on downside, Autois trading lower by 0.26%.
Further the market breath stands positive with 1211 shares are seen advancing against 447 declining shares.

No comments:

Post a Comment