Wednesday, 27 November 2013

Morning Summary, Market Synopsis: 27th November, 2013

Photo: Morning Market Update:
The market continued to remain volatile in early Wednesday morning trade, after witnessing a sell-off in the previous session. The volatility is also on the back of November series expiry on Thursday. The Sensex is down 7.95 points at 20,417.07, and the Nifty is down 3.90 points at 6,055.20. The rupee kicked-off trade at 62.45 per dollar on Wednesday, up 5 paise compared to previous close of 62.50 per dollar. On International front, the Dow ended flat on Tuesday, still closing at a record high and the Nasdaq cleared 4,000 for the first time in 13 years lifted by better than expected housing data. However, mixed earnings reports dragged the European markets lower. On BSE, Midcap is higher by 0.36% and Smallcap is up by 0.16%. n Sectoral front, Auto is the best performer to gain 0.65% while Bankex is the worst trading counter to ease 0.28%.
Further the market breath remains positive with 906 shares are seen advancing against 731 declining shares.
The market continued to remain volatile in early Wednesday morning trade, after witnessing a sell-off in the previous session. The volatility is also on the back of November series expiry on Thursday. The Sensex is down 7.95 points at 20,417.07, and the Nifty is down 3.90 points at 6,055.20. The rupee kicked-off trade at 62.45 per dollar on Wednesday, up 5 paise compared to previous close of 62.50 per dollar. On International front, the Dow ended flat on Tuesday, still closing at a record high and the Nasdaq cleared 4,000 for the first time in 13 years lifted by better than expected housing data. However, mixed earnings reports dragged the European markets lower. On BSE, Midcap is higher by 0.36% and Smallcap is up by 0.16%. n Sectoral front, Auto is the best performer to gain 0.65% while Bankex is the worst trading counter to ease 0.28%.
Further the market breath remains positive with 906 shares are seen advancing against 731 declining shares.

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