Thursday 11 December 2014

Morning Summary, Market Synopsis: 11th December, 2014


Market starts on a weak note; Nifty slides below 8300: The market has opened in red amid Oil’s slump and poor Japan data. At 9:45 AM, the S&P BSE Sensex is trading at 27,620 down 210 points, while NSE Nifty is tradingat 8300 down 55 points. The Mid-cap and Small-cap Index are also trading lower. The market breadth indicating the overall health of the market is weak. The Indian rupee opened with marginal loss of 11 paise at 62.14 per dollar versus previous day's closing value of 62.03 a dollar. Among global markets, stocks in the US closed sharply lower, furthering the week's losses, as the price of crude fell to a new five-year low and the Organization of Petroleum Exporting Countries OPEC) cut its demand outlook for next year

Photo: Morning Market Update:
Market starts on a weak note; Nifty slides below 8300: The market has opened in red amid Oil’s slump and poor Japan data. At 9:45 AM, the S&P BSE Sensex is trading at 27,620 down 210 points, while NSE Nifty is trading at 8300 down 55 points. The Mid-cap and Small-cap Index are also trading lower. The market breadth indicating the overall health of the market is weak. The Indian rupee opened with marginal loss of 11 paise at 62.14 per dollar versus previous day's closing value of 62.03 a dollar. Among global markets, stocks in the US closed sharply lower, furthering the week's losses, as the price of crude fell to a new five-year low and the Organization of Petroleum Exporting Countries OPEC) cut its demand outlook for next year

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