Friday 4 July 2014

Morning Summary, Market Synopsis: 4th July, 2014

The market has opened flat once again as the Sensex is up 21.05 points at 25844.80 the Nifty up 5.70 points at 7720.50. The Indian rupee opened flat at 59.69 per dollar versus 59.73 Thursday. The dollar is at one-week high, having shown competitors a clean pair of heels after surprisingly strong US jobs growth added to hopes the economy is pulling out of a first quarter slump. On Global front, Asian equities rose on Friday, tracking gains in global markets following a better-than-expected US employment report. On BSE, Small Cap is gaining around a percent and Mid Cap is up by 0.81%. On Sectoral front, BSE Health Care is surging around a percent while rests of sectors are trading mixed since morning.

Further the market breadth stands positive with 880 shares advancing against the 578 declining shares.

Photo: Morning Market Update:
The market has opened flat once again as the Sensex is up 21.05 points at 25844.80 the Nifty up 5.70 points at 7720.50. The Indian rupee opened flat at 59.69 per dollar versus 59.73 Thursday. The dollar is at one-week high, having shown competitors a clean pair of heels after surprisingly strong US jobs growth added to hopes the economy is pulling out of a first quarter slump. On Global front, Asian equities rose on Friday, tracking gains in global markets following a better-than-expected US employment report. On BSE, Small Cap is gaining around a percent and Mid Cap is up by 0.81%. On Sectoral front, BSE Health Care is surging around a percent while rests of sectors are trading mixed since morning.

 Further the market breadth stands positive with 880 shares advancing against the 578 declining shares.

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