Tuesday 23 July 2013

Morning Summary, Market Synopsis: 23rd July, 2013

Photo: Morning Market Update: 
The market has opened on a stable note with the Sensex gaining around 100 points. The Sensex opened at 20263.97 up 104.85 points while the Nifty gained 32.50 points at 6064.30. The Indian rupee gained 23 paise in the opening trade on Tuesday. It has opened at 59.49 per dollar versus 59.72 Monday. Moving to international market, US stocks eked out marginal gains in lackluster trading, with the S&P 500 closing at a new high, but a batch of mixed earnings reports and weaker-than-expected existing home sales dampened the sentiment. In Europe, major indices pared early gains to close flat. A series of earnings releases boosted stocks in Europe, particularly in the banking sector. In Asia, government comments reiterated Beijing's commitment to supporting the export and service industry is aiding sentiment. Japanese stocks erased earlier losses to rise above 14,700. BSE Mid cap and Small cap are trading positive with a gain of 0.63% and 0.33% respectively at the time of writing this. On Sectoral front, with the exception of Consumer durable all other indicies are trading in green, the top gainer is Capital Goods, adding 1.66% till now.

Further the market breath remains positive with 760 shares having advanced, while 421 shares have declined and 53 shares are unchanged.
The market has opened on a stable note with the Sensex gaining around 100 points. The Sensex opened at 20263.97 up 104.85 points while the Nifty gained 32.50 points at 6064.30. The Indian rupee gained 23 paise in the opening trade on Tuesday. It has opened at 59.49 per dollar versus 59.72 Monday. Moving to international market, US stocks eked out marginal gains in lackluster trading, with the S&P 500 closing at a new high, but a batch of mixed earnings reports and weaker-than-expected existing home sales dampened the sentiment. In Europe, major indices pared early gains to close flat. A series of earnings releases boosted stocks in Europe, particularly in the banking sector. In Asia, government comments reiterated Beijing's commitment to supporting the export and service industry is aiding sentiment. Japanese stocks erased earlier losses to rise above 14,700. BSE Mid cap and Small cap are trading positive with a gain of 0.63% and 0.33% respectively at the time of writing this. On Sectoral front, with the exception of Consumer durable all other indicies are trading in green, the top gainer is Capital Goods, adding 1.66% till now.

Further the market breath remains positive with 760 shares having advanced, while 421 shares have declined and 53 shares are unchanged.

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