Wednesday 16 April 2014

Morning Summary, Market Synopsis: 16th April, 2014

The market has opened on a flat note after seeing some severe cut on Tuesday. The Sensex is up 1.80 points at 22486.73, and the Nifty is down 5.90 points at 6727.20. The Indian Rupee is trading at 60.26, stronger by 0.05% after the last couple of sessions range bound trading. On Global front, Asian equity markets kicked off Wednesday mostly higher as Chinese economic data came slightly better than the expectation. On BSE, Mid Cap is trading slightly higher since morning and Small Cap is up almost half a percent. On sectoral front, BSE IT is losing most of the ground, down 1.76%, followed by BSE Teck, Health Care, Capital Goods and Realty while rest of the sectors are trading in green as we write this.
Further the market breadth stands positive with 713 shares advancing against the 545 declining shares.

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