Wednesday 9 April 2014

Morning Summary, Market Synopsis: 9th April, 2014


After a mid-week holiday, the market has opened on a higher note. The Sensex is up 93.01 points at 22436.46, and the Nifty is up 29.55 points at 6724.60. The Indian rupee opened higher by 13 paise at 59.98 per dollar versus 60.11 Monday. The dollar languished at three-week lows against a basket of major currencies, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind. On international front, US stocks rose on Tuesday, snapping a three-day losing streak as investors bought beaten-down social media and Internet shares. On BSE, Midcap and Smallcap are trading higher today with Midcap advancing 0.72% and Small cap is up by 0.57% as we write this. On sectoral front, with an exception of Teck all other sectors are trading in green, teck is lower by 0.34% while on the other hand the top gaining sector is realty which is up by 1.37% at the time of writing this.
Further the market breath stands positive with 903 shares are seen advancing against 414 declining shares.
Photo: Morning Market Update:
After a mid-week holiday, the market has opened on a higher note. The Sensex is up 93.01 points at 22436.46, and the Nifty is up 29.55 points at 6724.60. The Indian rupee opened higher by 13 paise at 59.98 per dollar versus 60.11 Monday. The dollar languished at three-week lows against a basket of major currencies, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind. On international front, US stocks rose on Tuesday, snapping a three-day losing streak as investors bought beaten-down social media and Internet shares. On BSE, Midcap and Smallcap are trading higher today with Midcap advancing 0.72% and Small cap is up by 0.57% as we write this. On sectoral front, with an exception of Teck all other sectors are trading in green, teck is lower by 0.34% while on the other hand the top gaining sector is realty which is up by 1.37% at the time of writing this.
Further the market breath stands positive with 903 shares are seen advancing against 414 declining shares.

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