Friday, 23 May 2014

Morning Summary, Market Synopsis: 23rd May, 2014

The market has opened on higher note once again with the Nifty hitting 7300. The Nifty is up 30.10 points at 7306.50 and the Sensex is up 127.32 points at 24501.72. The Indian rupee has opened flat at 58.46 a dollar on Friday as against previous day's closing value of 58.47 a dollar. Global markets too closed in the green territory with US stocks extending the prior day's rally. European shares closed slightly higher, after wavering throughout the day following mixed manufacturing and services data. Asian markets opened higher but geopolitical risks in Thailand and Ukraine may limit gains. On BSE, Midcap and Small cap are trading higher with gains of 1.28% and 1.88% respectively. On sectoral front, with an exception of Aluminum all other sectors are trading higher with Realty remains the top gainer to gain 2.5% as we write this.

Further the market breath stands positive with 1672 shares are seen advancing against 432 declining shares.

Photo: Morning Market Update:
The market has opened on higher note once again with the Nifty hitting 7300. The Nifty is up 30.10 points at 7306.50 and the Sensex is up 127.32 points at 24501.72. The Indian rupee has opened flat at 58.46 a dollar on Friday as against previous day's closing value of 58.47 a dollar. Global markets too closed in the green territory with US stocks extending the prior day's rally. European shares closed slightly higher, after wavering throughout the day following mixed manufacturing and services data. Asian markets opened higher but geopolitical risks in Thailand and Ukraine may limit gains. On BSE, Midcap and Small cap are trading higher with gains of 1.28% and 1.88% respectively. On sectoral front, with an exception of Aluminum all other sectors are trading higher with Realty remains the top gainer to gain 2.5% as we write this.

Further the market breath stands positive with 1672 shares are seen advancing against 432 declining shares.

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