Monday 10 March 2014

Morning Summary, Market Synopsis: 10th March, 2014


After a stellar performance last week, the market opened on a weak note but picked up quickly to hit 22,000. The Sensex is up 37.10 points at 21956.89, and the Nifty is up 4.80 points at 6531.45. The Indian rupee declined in the early trade. It opened lower by 17 paise at 61.25 per dollar versus 61.08 Friday. The yen rises across the board early this morning as investors give riskier currencies a wide berth after China's trade data fueled worries about a slowdown in the world's second-biggest economy. Globally, Asian shares traded in negative territory on early Monday, after an uninspiring handover from Wall Street and weak Chinese export data at the weekend. On BSE, midcap and small are seen advancing with gains of 0.19% and 0.38% respectively. On sectoral front, capital goods is the top gainer adding 1.85% while IT is the worst performer to ease 1.12% as we write this.

Further the market breath stands positive with 1145 shares are seen advancing against 990 declining shares.
Photo: Morning Market Update:
After a stellar performance last week, the market opened on a weak note but picked up quickly to hit 22,000. The Sensex is up 37.10 points at 21956.89, and the Nifty is up 4.80 points at 6531.45. The Indian rupee declined in the early trade. It opened lower by 17 paise at 61.25 per dollar versus 61.08 Friday. The yen rises across the board early this morning as investors give riskier currencies a wide berth after China's trade data fueled worries about a slowdown in the world's second-biggest economy. Globally, Asian shares traded in negative territory on early Monday, after an uninspiring handover from Wall Street and weak Chinese export data at the weekend. On BSE, midcap and small are seen advancing with gains of 0.19% and 0.38% respectively. On sectoral front, capital goods is the top gainer adding 1.85% while IT is the worst performer to ease 1.12% as we write this.

Further the market breath stands positive with 1145 shares are seen advancing against 990 declining shares.a

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