Thursday 28 November 2013

Morning Summary, Market Synopsis: 28th November, 2013

The market has opened November series expiry on a strong note. The Sensex is up 126.39 points at 20546.65, and the Nifty is up 37.45 points at 6094.55. Indian rupee fell 25 paise in early trade to 62.39 against the US dollar on Thursday. It closed at 62.14 per dollar in previous session. Weakness in dollar index and strength in domestic equities amid expiry session is also likely to support rupee. Global scenario remains positive with US markets gained amid a positive reading on consumer confidence spreading cheer just before the holiday-shopping season. On BSE, Midcap is higher by 0.81% and Small Cap is adding 0.62% as we write this. On sectoral front, Bankex is the top performer to gain 1.35% while IT is the worst performing sector to ease 0.20%.
Further the market breath remains positive with 880 shares are seen advancing against 315 declining shares.

Photo: Morning Market Update:
The market has opened November series expiry on a strong note. The Sensex is up 126.39 points at 20546.65, and the Nifty is up 37.45 points at 6094.55. Indian rupee fell 25 paise in early trade to 62.39 against the US dollar on Thursday. It closed at 62.14 per dollar in previous session. Weakness in dollar index and strength in domestic equities amid expiry session is also likely to support rupee. Global scenario remains positive with US markets gained amid a positive reading on consumer confidence spreading cheer just before the holiday-shopping season. On BSE, Midcap is higher by 0.81% and Small Cap is adding 0.62% as we write this. On sectoral front, Bankex is the top performer to gain 1.35% while IT is the worst performing sector to ease 0.20%.
Further the market breath remains positive with 880 shares are seen advancing against 315 declining shares.

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