Friday, 27 December 2013

Morning Summary, Market Synopsis: 27th December, 2013

The market has opened the January series on positive note with the help of banking sector and FMCG sector. The Nifty is gaining almost half a percent or 29.65 points to trade at 6308.55 while the Sensex is trading at 21176.12, higher by 0.48% or 101.53 points. The Indian rupee gained in the early trade to 61.96 and but later on eased its strength and is trading at 62.10, higher by 0.06 points or 0.10%. On global front, Asian equity markets were mixed on Friday as Japan's Nikkei index pulled back from fresh six-year highs while a record close on the Dow lifted sentiment in the rest of the region. On BSE, small cap jumped over a percent while Mid cap is trading higher by 0.41% as we write this. On sectoral front, BSE Realty, BSE Teck and BSE IT are the leading sectors among the all sector, up more than a percent each.
Further the market breadth stands positive with 756 shares advancing against 426 declining shares.

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