Friday 3 January 2014

Morning Summary, Market Synopsis: 3rd January, 2014


The market has opened with a gap down and is trading down due to automobiles sector and Infrastructure sector as the benchmark index is headed for its lowest level in two weeks. The Sensex is down around half a percent to trade at 20797.00 and Nifty is trading at 6190.85, lower by 30.30 points or 0.50% as we write this. The Indian rupee is trading higher at 62.43, depreciated by 0.27%. On Global sector, Asian shares followed their US peers lower on Friday despite upbeat global economic data as profit-taking set in amid low trading volumes. On BSE, Small Cap and Mid Cap are trading lower since morning, down 0.23% and 0.06% respectively. On sectoral front, BSE Capital Goods is plunging almost 2% while BSE IT and BSE Teck are leading the sector, up 1.41% and 1.20% respectively.
Further the market breadth stands negative with 510 shares advancing against 703 declining shares.
Photo: Morning Market Update:
The market has opened with a gap down and is trading down due to automobiles sector and Infrastructure sector as the benchmark index is headed for its lowest level in two weeks. The Sensex is down around half a percent to trade at 20797.00 and Nifty is trading at 6190.85, lower by 30.30 points or 0.50% as we write this. The Indian rupee is trading higher at 62.43, depreciated by 0.27%. On Global sector, Asian shares followed their US peers lower on Friday despite upbeat global economic data as profit-taking set in amid low trading volumes. On BSE, Small Cap and Mid Cap are trading lower since morning, down 0.23% and 0.06% respectively. On sectoral front, BSE Capital Goods is plunging almost 2% while BSE IT and BSE Teck are leading the sector, up 1.41% and 1.20% respectively.
Further the market breadth stands negative with 510 shares advancing against 703 declining  shares.

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