Tuesday 4 March 2014

Morning Summary, Market Synopsis: 4th March, 2014

The market has opened on a mute note. However, investors remain cautious as political tensions between Russia and Ukraine escalate. US president has warned that US will mull economic and diplomatic sanctions that will isolate Russia if it doesn’t stop its military threat to Crimea. The Sensex is up 6.00 points at 20952.65, and the Nifty is down 4.70 points at 6216.75.The Indian rupee opened lower by 9 paise at 62.12 per dollar on Tuesday versus previous day's closing value of 62.03 a dollar. The dollar index climb past 80.063, pulling away from a two-month trough of 79.688 seen on Friday. Globally, Wall Street ended Monday sharply lower while Asian was soft in morning trade. On BSE, Midcap and smallcap are trading in green with Midcap up by 0.76% and small cap is higher by 0.62% as we write this. On sectoral front, Metal is the top performer, adding 1.80% while on the flipside, Realty is down by 0.51% at the time of writing this.
Further the market breath stands positive with 1183 shares are seen advancing against 650 declining shares.
Photo: Morning Market Update:
The market has opened on a mute note. However, investors remain cautious as political tensions between Russia and Ukraine escalate. US president has warned that US will mull economic and diplomatic sanctions that will isolate Russia if it doesn’t stop its military threat to Crimea. The Sensex is up 6.00 points at 20952.65, and the Nifty is down 4.70 points at 6216.75.The Indian rupee opened lower by 9 paise at 62.12 per dollar on Tuesday versus previous day's closing value of 62.03 a dollar. The dollar index climb past 80.063, pulling away from a two-month trough of 79.688 seen on Friday. Globally, Wall Street ended Monday sharply lower while Asian was soft in morning trade. On BSE, Midcap and smallcap are trading in green with Midcap up by 0.76% and small cap is higher by 0.62% as we write this. On sectoral front, Metal is the top performer, adding 1.80% while on the flipside, Realty is down by 0.51% at the time of writing this.
Further the market breath stands positive with 1183 shares are seen advancing against 650 declining shares.

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