Wednesday 11 June 2014

Morning Summary, Market Synopsis: 11th June, 2014

The market has opened on a flat note. The Nifty is at 7645.10, down 10 points and Sensex is at 25600.00, down by 15 points. The Indian rupee has opened lower at 59.32 per dollar as against previous day's closing value of 59.29 a dollar. The dollar continued to see a bump up with the benchmark index slowly inching towards the 81 mark. Globally, US markets paused as investors took stock of valuations. Dow recovered to seek out minor gains. Meanwhile, Europe continued to add to the gains on ECB induced optimism. Asia is trading mixed this morning. On BSE, Midcap and Smallcap are trading in green with gains of 0.84% and 1.14% respectively. On sectoral front, IT is the top gainer to add more than 3% while on downside, FMCG is lower by 0.98% as we write this.
Further the market breath stands positive with 1636 shares are seen advancing against 576 declining shares.
Photo: Morning Market Update:
The market has opened on a flat note. The Nifty is at 7645.10, down 10 points and Sensex is at 25600.00, down by 15 points. The Indian rupee has opened lower at 59.32 per dollar as against previous day's closing value of 59.29 a dollar. The dollar continued to see a bump up with the benchmark index slowly inching towards the 81 mark. Globally, US markets paused as investors took stock of valuations. Dow recovered to seek out minor gains. Meanwhile, Europe continued to add to the gains on ECB induced optimism. Asia is trading mixed this morning. On BSE, Midcap and Smallcap are trading in green with gains of 0.84% and 1.14% respectively. On sectoral front, IT is the top gainer to add more than 3% while on downside, FMCG is lower by 0.98% as we write this.
Further the market breath stands positive with 1636 shares are seen advancing against 576 declining shares.

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