Monday, 21 April 2014

Morning Summary, Market Synopsis : 21st April, 2014

After a long weekend, equity benchmarks started off Monday's trade higher with the Nifty reclaiming 6800 level supported by banks and oil & gas stocks. The Sensex rose 66.03 points to trade at 22694.87 and the Nifty advanced by 14.45 points to trade at 6793.85. The Indian rupee is trading at 60.33, weaker by 0.07% against the dollar. On Global front, Asian shares started the week mixed on Monday with the absence of a lead from Wall Street last week due to the Easter holidays. On BSE, Small Cap is gaining almost a percent to trade at 7594.33 and Mid Cap is up 0.81% to trade at 7398.69. On Sectoral front, BSE Capital Goods, BSE Metal and BSE Auto are leading the sectors which are up around a percent each, followed by rest of the sectors except BSE IT and BSE Tech which are trading in red as we write this.
Further the market breadth stands positive with 931 shares advancing against the 364 declining shares.

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