Friday 25 April 2014

Morning Summary, Market Synopsis: 25th April, 2014

The market has once again opened on a flat note but March quarter earnings of key companies will hold key today. The Sensex is up 16.83 points at 22893.37 and the Nifty up 15.00 points at 6855.80. The Indian rupee is trading at 61.13, weaker by 0.07% against the dollar for the straight fourth day. On Global front, mounting anxiety over the situation in Ukraine coupled with a lack of clear cues from Wall Street overnight weighed on most Asian shares early Friday. Tokyo was the sole outperformer, buoyed by positive inflation data released before the open. On BSE, Small Cap and Mid Cap are trading almost flat with a meager gain of 0.19% and 0.25% respectively. On sectoral front, BSE Oil & Gas and BSE FMCG are losing most of the ground, down more than a percent while rest of the sectors are trading mixed since morning except BSE Realty which up 2.22%.
Further the market breadth stands neutral with 708 shares advancing against the 643 declining shares.
Photo: Morning Market Update:
The market has once again opened on a flat note but March quarter earnings of key companies will hold key today. The Sensex is up 16.83 points at 22893.37 and the Nifty up 15.00 points at 6855.80. The Indian rupee is trading at 61.13, weaker by 0.07% against the dollar for the straight fourth day. On Global front, mounting anxiety over the situation in Ukraine coupled with a lack of clear cues from Wall Street overnight weighed on most Asian shares early Friday. Tokyo was the sole outperformer, buoyed by positive inflation data released before the open. On BSE, Small Cap and Mid Cap are trading almost flat with a meager gain of 0.19% and 0.25% respectively. On sectoral front, BSE Oil & Gas and BSE FMCG are losing most of the ground, down more than a percent while rest of the sectors are trading mixed since morning except BSE Realty which up 2.22%.
Further the market breadth stands neutral with 708 shares advancing against the 643 declining shares.

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