Friday 28 November 2014

Market Synopsis, Morning Summary: 28th November, 2014


Equity benchmarks started of December series on a strong note with the Sensex and Nifty hitting an all-time highs led by banking and financials. The OPEC's decision of not to cut oil output pushed the market to new high. The 30-share BSE Sensex climbed 301.36 points or 1.06 percent to 28740.27 and the 50-share NSE Nifty jumped 89.15 points or 1.05 percent to 8583.35. Indian rupee has opened lower by 6 paise at 61.93 a dollar on Friday, compared to previous day's closing value of 61.87 per dollar. On the global front, Asian markets were mixed with the Japan's Nikkei rising a percent on a weaker yen and falling oil prices. On BSE, Midcap and small cap are trading up by 1.12% and 0.89% respectively.
Further, the market breadth stands positive with 1511 shares are seen advancing against 631 declining shares.

Photo: Morning Market Update:

Equity benchmarks started of December series on a strong note with the Sensex and Nifty hitting an all-time highs led by banking and financials. The OPEC's decision of not to cut oil output pushed the market to new high. The 30-share BSE Sensex climbed 301.36 points or 1.06 percent to 28740.27 and the 50-share NSE Nifty jumped 89.15 points or 1.05 percent to 8583.35. Indian rupee has opened lower by 6 paise at 61.93 a dollar on Friday, compared to previous day's closing value of 61.87 per dollar. On the global front, Asian markets were mixed with the Japan's Nikkei rising a percent on a weaker yen and falling oil prices. On BSE, Midcap and small cap are trading up by 1.12% and 0.89% respectively.
Further, the market breadth stands positive with 1511 shares are seen advancing against 631 declining shares.

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