Wednesday 9 October 2013

Morning Summary, Market Synopsis: 9th October, 2013

Photo: Morning Market Update:
The Indian stock market indices have opened the day on a weak note on October 9, 2013 on the back of weak international cues. The Sensex today is down by around 126 points (0.6%), while the NSE-Nifty is down by around 41 points (0.6%). However, the BSE Mid Cap and BSE Small Cap stocks have however opened on a flat note. The rupee is trading at Rs 62.27 to the US dollar. On the international front, in US, stocks finished sharply lower for a second session on Tuesday, with major averages hitting one-month lows, as investors digested comments from President Barack Obama on the ongoing political impasse in Washington. Coming back to India, Barring healthcare and realty, the sectoral indices have opened in the red with the stocks in the consumer durables and banking sector leading the losses. The breadth of the market is positive as eight stocks are seen advancing against five declining stocks.
The Indian stock market indices have opened the day on a weak note on October 9, 2013 on the back of weak international cues. The Sensex today is down by around 126 points (0.6%), while the NSE-Nifty is down by around 41 points (0.6%). However, the BSE Mid Cap and BSE Small Cap stocks have however opened on a flat note. The rupee is trading at Rs 62.27 to the US dollar. On the international front, in US, stocks finished sharply lower for a second session on Tuesday, with major averages hitting one-month lows, as investors digested comments from President Barack Obama on the ongoing political impasse in Washington. Coming back to India, Barring healthcare and realty, the sectoral indices have opened in the red with the stocks in the consumer durables and banking sector leading the losses. The breadth of the market is positive as eight stocks are seen advancing against five declining stocks.

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