Tuesday 22 April 2014

Morning Summary, Market Synopsis: 22nd April, 2014

Equity benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, Pharma, Technology , Oil & Gas and Capital Goods stocks. The Sensex rose 35.45 points to 22800.28 and the Nifty advanced 8.05 points to 6825.70. Indian rupee is trading at 60.705, weaker by 0.18% or 0.11 points against the dollar. On Global front, Asian equities were mostly higher on Tuesday following a rally on Wall Street overnight but the mood was cautious as the threat of further US sanctions on Russia weighed on risk sentiment. On BSE, Small Cap and Mid Cap are gaining 0.76% and 0.37% respectively. On Sectoral front, BSE Oil & Gas is leading the sectors, with a surge of more than 2% while BSE Metal is losing 1.04% to trade at 10385.61.
Further the market breadth stands positive with 796 shares advancing against the 559 declining shares.
Photo: Morning Market Update: 
Equity benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, Pharma, Technology , Oil & Gas and Capital Goods stocks. The Sensex rose 35.45 points to 22800.28 and the Nifty advanced 8.05 points to 6825.70.  Indian rupee is trading at 60.705, weaker by 0.18% or 0.11 points against the dollar. On Global front, Asian equities were mostly higher on Tuesday following a rally on Wall Street overnight but the mood was cautious as the threat of further US sanctions on Russia weighed on risk sentiment. On BSE, Small Cap and Mid Cap are gaining 0.76% and 0.37% respectively. On Sectoral front, BSE Oil & Gas is leading the sectors, with a surge of more than 2% while BSE Metal is losing 1.04% to trade at 10385.61.
Further the market breadth stands positive with 796 shares advancing against the 559 declining shares.

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