Wednesday 26 March 2014

Morning Summary, Market Synopsis: 26th March, 2014


The market is scaling new highs a day before March F&O expiry. The Nifty opened above 6600 for the first time, up 25.90 points at 6615.65. The Sensex is up 87.87 points at 22143.08. Indian rupee opened at eight-month high on Wednesday, rising 18 paise to 60.30 per dollar as against previous day's closing value of 60.48. Globally, the Wall Street bounced back after two days of losses as investors embraced upbeat consumer confidence report. Asian equities trading positive in morning trade, thereby making a case for a decent rally today. On BSE, midcap and small cap are trading up by 0.66% each and on sectoral front, the best performer till now is metal, up by 1.65% and the worst performing sector is health care which is down by 0.38% as we write this.

Further the market breath stands positive with 1041 shares are seen advancing against 577 declining shares.
Photo: Morning Market Update:
The market is scaling new highs a day before March F&O expiry. The Nifty opened above 6600 for the first time, up 25.90 points at 6615.65. The Sensex is up 87.87 points at 22143.08. Indian rupee opened at eight-month high on Wednesday, rising 18 paise to 60.30 per dollar as against previous day's closing value of 60.48. Globally, the Wall Street bounced back after two days of losses as investors embraced upbeat consumer confidence report. Asian equities trading positive in morning trade, thereby making a case for a decent rally today. On BSE, midcap and small cap are trading up by 0.66% each and on sectoral front, the best performer till now is metal, up by 1.65% and the worst performing sector is health care which is down by 0.38% as we write this.

Further the market breath stands positive with 1041 shares are seen advancing against 577 declining shares.

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