Wednesday 30 April 2014

Morning Summary, Market Synopsis: 30th April, 2014

The market has opened in green terrain. The Sensex is up 33.74 points at 22499.93, and the Nifty is up 9.70 points at 6724.95. The Indian rupee opened higher by 10 paise at 60.61 per dollar as against previous day's closing value of 60.71 a dollar. Meanwhile, the euro nursed broad losses early on Wednesday, having been put under pressure by soft German inflation numbers renewed pressure on the euro helped the dollar index snap a five-session losing run. Global markets, meanwhile, are mixed. The US markets ended higher with the Dow approaching a record high and European shares rallied supported by a surge in tech stocks. Asia is cautious in trade ahead of the FOMC and Bank of Japan's monetary decision. Brent Crude lost about 0.5 percent this morning and Nymex fell towards USD 100 early morning as expectations of record high stockpiles weighed on futures. On BSE, Midcap and Small cap are trading slightly higher with gains of 0.73% and 0.69% respectively. On sectoral front, all sectors are trading in green today with Oil and Gas are the top performer to gain 1.71%.

Further the market breath stands positive with 1287 shares are seen advancing against 649 declining shares.
Photo: Morning Market Update:
The market has opened in green terrain. The Sensex is up 33.74 points at 22499.93, and the Nifty is up 9.70 points at 6724.95. The Indian rupee opened higher by 10 paise at 60.61 per dollar as against previous day's closing value of 60.71 a dollar. Meanwhile, the euro nursed broad losses early on Wednesday, having been put under pressure by soft German inflation numbers renewed pressure on the euro helped the dollar index snap a five-session losing run. Global markets, meanwhile, are mixed. The US markets ended higher with the Dow approaching a record high and European shares rallied supported by a surge in tech stocks. Asia is cautious in trade ahead of the FOMC and Bank of Japan's monetary decision. Brent Crude lost about 0.5 percent this morning and Nymex fell towards USD 100 early morning as expectations of record high stockpiles weighed on futures. On BSE, Midcap and Small cap are trading slightly higher with gains of 0.73% and 0.69% respectively. On sectoral front, all sectors are trading in green today with Oil and Gas are the top performer to gain 1.71%.

Further the market breath stands positive with 1287 shares are seen advancing against 649 declining shares.

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