Wednesday 4 September 2013

Morning Summary, Market Synopsis: 4th September, 2013

Indian equity market started on a bullish note with Sensex opening higher by 80 points to 18314.68 and Nifty surged 17 points to 5358.65 at the time of market opening. Indian rupee opened weak at 68.10 versus the previous close of 67.73 and tested a low of 68.62 per dollar. Rupee witnessed recovery from the early high to trade at 68.0 as we write this. Indian market is very volatile today and expected to remain same for the day, traders are advised to remain cautious ahead of the rupee/dollar volatility in coming hours. On International space, US market ended lower as the ongoing worries over the military action against the Syria weighed on prices. Asian equity market also trading down today. On BSE, Midcap and Small Cap are trading up by 0.49% and 0.22% respectively and on sectoral front, IT and Teck are the top performer to gain 1.96% and 1.83% respectively while Realty is down by 1.64%.
Further the market breath stands positive with 722 shares are seen advancing against 405 declining shares. 52 shares are unchanged.

Photo: Morning Market Update:
Indian equity market started on a bullish note with Sensex opening higher by 80 points to 18314.68 and Nifty surged 17 points to 5358.65 at the time of market opening. Indian rupee opened weak at 68.10 versus the previous close of 67.73 and tested a low of 68.62 per dollar. Rupee witnessed recovery from the early high to trade at 68.0 as we write this. Indian market is very volatile today and expected to remain same for the day, traders are advised to remain cautious ahead of the rupee/dollar volatility in coming hours. On International space, US market ended lower as the ongoing worries over the military action against the Syria weighed on prices. Asian equity market also trading down today. On BSE, Midcap and Small Cap are trading up by 0.49% and 0.22% respectively and on sectoral front, IT and Teck are the top performer to gain 1.96% and 1.83% respectively while Realty is down by 1.64%.
Further the market breath stands positive with 722 shares are seen advancing against 405 declining shares. 52 shares are unchanged

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