Friday 24 January 2014

Morning Summary, Market Synopsis: 24th January, 2014


The market sees selling pressure on account of profit booking, tracking weak global cues. The Sensex slipped 83.01 points to 21,290.65, and the Nifty dropped 30.25 points to 6,315.40. The Indian rupee extending its weakness to two weeks high and to trade at 62.235, up 30 paise or half a percent. Asian markets were trading weak on Friday due to disappointing manufacturing data from China. On BSE, Small Cap is down 0.81% to trade at 6513.03 while BSE Mid Cap also ease 0.70% to trade at 6518.37. On Sectoral front, BSE Realty, BSE Capital Goods and BSE Bankex are the top losing counter among the all sectors, down around 1.5% each while BSE IT is the only sectors which is trading in green, up 0.21%.
Further the market breadth stands negative with 354 shares advancing against 852 declining shares.
Photo: Morning Market Update:
The market sees selling pressure on account of profit booking, tracking weak global cues. The Sensex slipped 83.01 points to 21,290.65, and the Nifty dropped 30.25 points to 6,315.40. The Indian rupee extending its weakness to two weeks high and to trade at 62.235, up 30 paise or half a percent. Asian markets were trading weak on Friday due to disappointing manufacturing data from China. On BSE, Small Cap is down 0.81% to trade at 6513.03 while BSE Mid Cap also ease 0.70% to trade at 6518.37. On Sectoral front, BSE Realty, BSE Capital Goods and BSE Bankex are the top losing counter among the all sectors, down around 1.5% each while BSE IT is the only sectors which is trading in green, up 0.21%.
Further the market breadth stands negative with 354 shares advancing against 852 declining  shares.

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