Wednesday 30 July 2014

Morning Summary, Market Synopsis: 30th July, 2014


After two-day fall, equity benchmarks opened flat on Wednesday. The Sensex declined 40.44 points to 25950.79 and the Nifty lost 2.50 points to 7746.20. The Indian rupee slipped in the early trade today. It has openedlower by 12 paise at 60.24 per dollar versus 60.12 on Monday. The dollar hovered at a six-month peak against a basket of major currencies. On Global front, Asian equity markets rose for a third session on Wednesday ahead of key risk events in the United States. The Federal Reserve's monetary policy decision and US second-quarter gross domestic product are due later in the day. On BSE, Mid Cap and Small Cap is trading in red with minor decline of 0.15% and 0.31% respectively. ON Sectoral front, BSE Capital Goods is tumbling over 4%, followed by Metal and Auto while rest of the sectors area trading higher since morning.

Further, the market breadth stands slightly negative with 572 shares advancing against the 768 declining shares.

Photo: Morning Market Update:

After two-day fall, equity benchmarks opened flat on Wednesday. The Sensex declined 40.44 points to 25950.79 and the Nifty lost 2.50 points to 7746.20. The Indian rupee slipped in the early trade today. It has opened lower by 12 paise at 60.24 per dollar versus 60.12 on Monday. The dollar hovered at a six-month peak against a basket of major currencies. On Global front, Asian equity markets rose for a third session on Wednesday ahead of key risk events in the United States. The Federal Reserve's monetary policy decision and US second-quarter gross domestic product are due later in the day. On BSE, Mid Cap and Small Cap is trading in red with minor decline of 0.15% and 0.31% respectively. ON Sectoral front, BSE Capital Goods is tumbling over 4%, followed by Metal and Auto while rest of the sectors area trading higher since morning.
 
Further, the market breadth stands slightly negative with 572 shares advancing against the 768 declining shares.

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