Wednesday 18 September 2013

Morning Summary, Market Synopsis: 18th September, 2013

Photo: Morning Market Update:
The Indian share market indices have opened the day on a positive note. Stocks in the consumer durables and realty space are leading the gains. However, information technology stocks are trading weak. The Sensex today is up by around 33 points (0.2%), while the NSE-Nifty is up by around 7 points (0.1%). Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.3% each. The rupee is currently trading at Rs 63.30 to the US dollar. On the international front, in US, Stocks closed higher on Tuesday, with the Dow and S&P 500 finishing in positive territory for the third-straight session, as Federal Reserve policymakers kicked off their two-day meeting. While in Asia, Japan's benchmark index enjoyed a strong rebound on Wednesday but other Asian stock indices traded cautiously as investors braced for a cut in U.S. stimulus ahead of the Federal Reserve's policy decision. Coming back to India, top Nifty gainers are DLF, Cipla, Coal India, SBI & Tata Power, while top Nifty losers include Cairn India, HDFC, Ambuja Cement, Kotak Mahindra Bank and M&M at the time of writing this.
The Indian share market indices have opened the day on a positive note. Stocks in the consumer durables and realty space are leading the gains. However, information technology stocks are trading weak. The Sensex today is up by around 33 points (0.2%), while the NSE-Nifty is up by around 7 points (0.1%). Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.3% each. The rupee is currently trading at Rs 63.30 to the US dollar. On the international front, in US, Stocks closed higher on Tuesday, with the Dow and S&P 500 finishing in positive territory for the third-straight session, as Federal Reserve policymakers kicked off their two-day meeting. While in Asia, Japan's benchmark index enjoyed a strong rebound on Wednesday but other Asian stock indices traded cautiously as investors braced for a cut in U.S. stimulus ahead of the Federal Reserve's policy decision. Coming back to India, top Nifty gainers are DLF, Cipla, Coal India, SBI & Tata Power, while top Nifty losers include Cairn India, HDFC, Ambuja Cement, Kotak Mahindra Bank and M&M at the time of writing this.

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