Thursday 17 April 2014

Morning Summary, Market Synopsis: 17th April, 2014


The market saw a slight up move in opening as Nifty was below 6700. The Nifty is up 20.15 points at 6695.45 and the Sensex is up 50.53 points at 22327.76 at the time of writing this. The Indian rupee was gaining in the early trade but later on eased its gains and traded almost flat at 60.37 at the time of writing this. On Global front, Asian stocks rose for a second session on Thursday on renewed optimism over the US economic recovery and investors cheered supportive comments from Federal Reserve Chair person Janet Yellen. On BSE, Small Cap is up more than a percent to trade at 7503.12 and Mid Cap is trading at 7297.89, higher by 0.90% or 65.13 points. On Sectoral front, BSE Auto is top performing sector among the all sectors, gaining 1.72%, followed by rest of the sectors which are up more or less a percent each.
Further the market breadth stands positive with 955 shares advancing against the 340 declining shares.
Photo: Morning Market Update:
The market saw a slight up move in opening as  Nifty was below 6700. The Nifty is up 20.15 points at 6695.45 and the Sensex is up 50.53 points at 22327.76 at the time of writing this. The Indian rupee was gaining in the early trade but later on eased its gains and traded almost flat at 60.37 at the time of writing this. On Global front, Asian stocks rose for a second session on Thursday on renewed optimism over the US economic recovery and investors cheered supportive comments from Federal Reserve Chair person Janet Yellen. On BSE, Small Cap is up more than a percent to trade at 7503.12 and Mid Cap is trading at 7297.89, higher by 0.90% or 65.13 points. On Sectoral front, BSE Auto is top performing sector among the all sectors, gaining 1.72%, followed by rest of the sectors which are up more or less a percent each.
Further the market breadth stands positive with 955 shares advancing against the 340 declining shares.

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