Friday 17 January 2014

Morning Summary, Market Synopsis: 17th January, 2014


The market opened on a flat note. The Sensex is down 35.11 points at 21230.07, and the Nifty is down 12.65 points at 6306.25. Indian rupee opened higher at 61.50 against US dollar on Friday versus previous day's closing value of 61.53 per dollar. The US dollar fades a little in early trade after two days of gains, as a run of mixed US economic data left the market uncertain about its future direction. Wall Street closed Thurdsay lower on disappointing earnings. The S&P 500 slipped from its record highs. Europe too closed in the red while Asia is soft in morning trade. Small cap are is trading lower by 0.13% and Small Cap is up by 0.01%. On sectoral front, IT is the worst performer to ease 1.55% while Auto is the top gainer to edge up 0.79%.
Further the market breath stands neutral with advance decline ratio stands at 1:1.
Photo: Morning Market Update:
The market opened on a flat note. The Sensex is down 35.11 points at 21230.07, and the Nifty is down 12.65 points at 6306.25. Indian rupee opened higher at 61.50 against US dollar on Friday versus previous day's closing value of 61.53 per dollar. The US dollar fades a little in early trade after two days of gains, as a run of mixed US economic data left the market uncertain about its future direction. Wall Street closed Thurdsay lower on disappointing earnings. The S&P 500 slipped from its record highs. Europe too closed in the red while Asia is soft in morning trade. Small cap are is trading lower by 0.13% and Small Cap is up by 0.01%. On sectoral front, IT is the worst performer to ease 1.55% while Auto is the top gainer to edge up 0.79%.
Further the market breath stands neutral with advance decline ratio stands at 1:1.

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