Friday, 29 May 2015

Morning Summary, Market Synopsis: 29 th May, 2015

Markets sustain strength; Sensex rallies around 200 points: The benchmark indices have rallied further, building on their early-morning gains, thanks to strength on the oil, banking and pharma counters. At 10.30 am, the Sensex was at 27,728, higher by 221 points or 0.8% and the Nifty was trading above its crucial psychological level of 8,350 at 8,389, up 70 points ahead of the GDP data for the first quarter of the current financial year due later in the day today. The rupee was flat in early trade on Friday. It opened at 63.81 a dollar against the previous day's closing value of 63.80 a dollar.

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