Tuesday, 19 November 2013

Morning Summary, Market Synopsis: 19th November, 2013

Photo: Morning Market Update:
The Indian share market indices have opened the day on a positive note but were trading mixed. This was on the back of international markets. U.S. stocks turned mostly negative on Monday, with the S&P 500 and Dow industrials retreating from record highs, after activist investor Carl Icahn said he is "very cautious" on equities. Asian equity markets were mixed on Tuesday following a negative lead from Wall Street overnight and caution over the duration of the Federal Reserve's stimulus program.  The Sensex today is up by around 35 points (0.2%), while the NSE-Nifty is up by around 12 points (0.2%) at the time of writing this. Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.5% and 0.2% respectively. The rupee is currently trading at Rs 62.22 to the US dollar.
The sectoral indices have opened on a mixed note with the stocks in the metal and energy space leading the gains. However, the stocks in software space were leading the losses.
The Indian share market indices have opened the day on a positive note but were trading mixed. This was on the back of international markets. U.S. stocks turned mostly negative on Monday, with the S&P 500 and Dow industrials retreating from record highs, after activist investor Carl Icahn said he is "very cautious" on equities. Asian equity markets were mixed on Tuesday following a negative lead from Wall Street overnight and caution over the duration of the Federal Reserve's stimulus program. The Sensex today is up by around 35 points (0.2%), while the NSE-Nifty is up by around 12 points (0.2%) at the time of writing this. Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.5% and 0.2% respectively. The rupee is currently trading at Rs 62.22 to the US dollar.
The sectoral indices have opened on a mixed note with the stocks in the metal and energy space leading the gains. However, the stocks in software space were leading the losses.

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