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Tuesday, 18 March 2014

Morning Summary, Market Synopsis: 18th March, 2014


The market has kick-started with a roar on Tuesday after a long weekend. The Sensex is up 126.08 points to trade at 21935.88 and the Nifty is up 35.70 points to trade at 6539.90. The Indian rupee is trading at 60.94, stronger by 0.41% or 25 paise against the dollar. On Global front, Asian equity markets rose and stabilized after recent volatility as the implementation of sanctions on Russia lifted global risk appetite. Asian market also got a boost by a better manufacturing figure from US which jumped the most in six months in February. On BSE, Small Cap and Mid Cap indexes are gaining around a percent each to trade at 6680.71 and 6723.37 respectively. On sectoral front, BSE Power and BSE Oil and Gas are top performing sectors among the group, adding almost 2% each, followed by rest while BSE IT is the only sector which is trading in red and down is 0.23%.
Further the market breadth stands positive with 893 shares advancing against the 333 declining shares.
Photo: The market has kick-started with a roar on Tuesday after a long weekend. The Sensex is up 126.08 points to trade at 21935.88 and the Nifty is up 35.70 points to trade at 6539.90. The Indian rupee is trading at 60.94, stronger by 0.41% or 25 paise against the dollar. On Global front, Asian equity markets rose and stabilized after recent volatility as the implementation of sanctions on Russia lifted global risk appetite. Asian market also got a boost by a better manufacturing figure from US which jumped the most in six months in February. On BSE, Small Cap and Mid Cap indexes are gaining around a percent each to trade at 6680.71 and 6723.37 respectively. On sectoral front, BSE Power and BSE Oil and Gas are top performing sectors among the group, adding almost 2% each, followed by rest while BSE IT is the only sector which is trading in red and down is 0.23%.
Further the market breadth stands positive with 893 shares advancing against the 333 declining shares.

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