Friday 25 July 2014

Morning Summary, Market Synopsis: 25th July, 2014


After closing at record highs, the market has opened on a flat note on Friday. The Sensex is down 129.44 points at 26,142.41, and the Nifty is down 40.40 points at 7,790.20. The Indian rupee opened flat at 60.11 per dollar versus 60.12 Thursday. The dollar held gains versus the yen and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the US and Euro zone economies. On Global front, Asian equity markets were mostly higher on the final trading day of the week following another record close for the S&P 500 overnight. On BSE, Mid Cap is down more than half a percent while Small Cap is losing most of the ground, decline over a percent. On Sectoral front, BSE Realty and BSE Metal sectors are leading the all sectors, slide around 1.5%, followed by rest of the sectors while BSE FMCG and Health Care are the only sectors which are trading in green and up more than half a percent each.

Further, the market breadth stands negative with 367 shares advancing against the 1066 declining shares.


No comments:

Post a Comment