Morning Summary, Market Synopsis: 15th January, 2014

The market has opened in the positive terrain. The Sensex is up 89.23 points at 21122.11, and the Nifty adds 24.10 points at 6265.95. The rupee slipped in the early trade on Wednesday. It has opened lower by 13 paise at 61.65 per dollar as against previous day's closing value of 61.52 to the dollar. The dollar rallied over a percent versus the yen to 104 levels. On global front, Wall Street celebrates upbeat retail sales with the markets giving their strongest performance this Year. Europe closed flat while Asia is bouncing back with Japan’s Nikkei gaining more than a percent. On BSE, Midcap is higher by 0.27% and Small cap is up by 0.45% as we write this. On Sectoral front, BSE Metal gained as much as 1.10% to be the top performer while on downside, FMCG is the only sector to trade in red by 0.26%.
Further the market breath stands positive with 987 shares are seen advancing against 541 declining shares.