Wednesday, 22 April 2015

Morning Summary, Market Synopsis: 22 nd April, 2015

Markets opened with modest gains; with strong Asian cues: The markets have registered modest gains at opening bell in what could be a case of short-covering after five successive days of losses. At 9.20am, the Sensex is at 27,744, higher by 68 points and the Nifty is just shy of the 8,400 mark at 8398, up 20 points. The midcap and small-cap indices are also marginally in the green. Yes Bank is set to announce its Q4 numbers during the day.
The Indian rupee has opened flat at 62.81 per dollar against previous day's closing value of 62.85 a dollar. The dollar is mixed against major currencies, with the euro pivoting to modest gains against the greenback after euro zone finance ministers moved away from fixing a deadline for Greece to come up with fiscal reforms.

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