Friday 6 December 2013

Morning Summary, Market Synopsis: 6th December, 2013


Indian market witnessed slight gain today with Nifty gaining 15 points at 6256 and Sensex surged 45 points at 21003.0, at the time of market opening. The rupee opened with gains of 12 paise at 61.64 per dollar on Friday as against previous day's closing of 61.76 per dollar. In the global markets, US extended losses into a fifth session as speculation grows that the Fed's tapering programme could begin sooner than expected. European markets too led lower on Fed concerns and red flags raised by Mario Draghi. Asia is cautious ahead of the key US jobs data today. On BSE, Midcap and Small cap are trading nominally higher with a gain of 0.35% each. On sectoral front, Auto is the top performer to gain 0.93% and Bankex is the worst performer to decline 0.30% as we write this.

Further the market breath stands positive with 738 shares are seen advancing against 488 declining shares.
Photo: Morning Market Update:
Indian market witnessed slight gain today with Nifty gaining 15 points at 6256 and Sensex surged 45 points at 21003.0, at the time of market opening. The rupee opened with gains of 12 paise at 61.64 per dollar on Friday as against previous day's closing of 61.76 per dollar. In the global markets, US extended losses into a fifth session as speculation grows that the Fed's tapering programme could begin sooner than expected. European markets too led lower on Fed concerns and red flags raised by Mario Draghi. Asia is cautious ahead of the key US jobs data today. On BSE, Midcap and Small cap are trading nominally higher with a gain of 0.35% each. On sectoral front, Auto is the top performer to gain 0.93% and Bankex is the worst performer to decline 0.30% as we write this.

Further the market breath stands positive with 738 shares are seen advancing against 488 declining shares.

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