Friday 21 February 2014

Morning Summary, Market Synopsis: 21st February, 2014


The market has opened in green territory. The Sensex is up 70.92 points at 20607.56, and the Nifty is up 16.85 points at 6108.30. The Indian rupee opened flat at 62.19 per dollar in the early trade on Friday. It closed at 62.22 Thursday. The dollar pulled away from a seven-week low against the euro and pushed higher against the yen in early Asian trade, bolstered by upbeat US economic data. In the global market front, US stocks moved higher to close at session highs, with the S&P was nearing its all-time high, as investors seemed to shrug off a mixed bag of economic and earnings reports. On BSE, midcap and small cap are also trading higher with gains of 0.61% and 0.68% respectively. On sectoral front, all the sectors are trading in positive with Bankex leading the gainers by 1.26% while Power is the least gainer to edge up 0.37% as we write this.
Further the market breath stands positive with 1120 shares are seen advancing against 477 declining shares.

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