Wednesday 2 April 2014

Morning Summary, Market Synopsis: 2nd April, 2014


The market has opened on a higher note as the Sensex is up 104.14 points at 22550.58, and the Nifty is up 36.55 points at 6757.60. The rupee opened with a marginal gain of 9 paise at 59.82 per dollar on Wednesday as against previous day's closing value of 59.91 a dollar. In the US, stocks kicked off the second quarter with solid gains with the S&P 500 setting a fresh intraday record following a batch of economic reports. Major indices logged a three-day win streak for the first time since February. The CBOE VIX slid near 13. Dow Jones closed at 16532.61, up 74.95 points, and the Nasdaq too gained 69.05 points to close at 4268.04. On BSE, midcap and small cap are trading up by 0.95% each and on sectoral front, the top performer is teck, which is up by 1.21% and the worst performer is FMCG lower by 1.25% as we write this.
Further the market breath stands positive with 1415 shares are seen advancing against 590 declining shares.
Photo: Morning Market Update:
The market has opened on a higher note as the Sensex is up 104.14 points at 22550.58, and the Nifty is up 36.55 points at 6757.60. The rupee opened with a marginal gain of 9 paise at 59.82 per dollar on Wednesday as against previous day's closing value of 59.91 a dollar. In the US, stocks kicked off the second quarter with solid gains with the S&P 500 setting a fresh intraday record following a batch of economic reports. Major indices logged a three-day win streak for the first time since February. The CBOE VIX slid near 13. Dow Jones closed at 16532.61, up 74.95 points, and the Nasdaq too gained 69.05 points to close at 4268.04. On BSE, midcap and small cap are trading up by 0.95% each and on sectoral front, the top performer is teck, which is up by 1.21% and the worst performer is FMCG lower by 1.25% as we write this.
Further the market breath stands positive with 1415 shares are seen advancing against 590 declining shares.

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