Friday 25 October 2013

Morning Summary, Market Synopsis: 25th October, 2013


The S&P BSE Sensex opened on a cautious note on Friday, led by losses in GAIL, Tata Motor and L&T. Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological level of 6150 in trade today. Sensex opened at 20725.50 versus the previous close of 20725.43. The Indian rupee traded flat in early trade against the dollar. It opened at 61.50 per dollar against 61.47 Thursday. Globally Asian stocks were trading lower led by sharp losses seen in Japanese stocks weighed down by a stronger yen. US Stocks recovered the previous day's losses to close higher Thursday, with the S&P 500 regaining its footing above 1,750, as Wall Street cheered a handful of upbeat earnings and encouraging economic data from China. On BSE, Midcap and Small cap are trading marginally down today, while on sectoral front, IT sector is gaining over a percent and other hand Capital goods is down by 1.62% as we write this.
Further the market breath stands neutral with one share is seen advancing against each declining share.

No comments:

Post a Comment