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Wednesday, 7 May 2014

Morning Summary, Market Synopsis: 7th May, 2014

The market has once again opened on a flat note. The Sensex is down 13.46 points at 22494.96, and the Nifty down 6.70 points at 6708.60. The Indian rupee opened marginally higher at 60.04 per dollar versus 60.11 Tuesday. On International front, In the US, stocks declined sharply, a day after the Dow industrials and S&P 500 closed near record highs, as American international group reported a decline in profit and Twitter fell as insiders got their first opportunity to sell since the company's initial public offering. The CBOE volatility index, a measure of investor uncertainty rose 3.8 percent to 13.80. On BSE, Midcap is up by 0.58% and Small 0.38% as we write this. On sectoral front, CONSUMER DURABLES is the best performer to gain 1.50% while on downside, IT is trading lower by 0.54% at the time of writing this.

Further the market breath stands positive with 1022 shares are seen advancing against 787 declining shares.
Photo: Morning Market Update : The market has once again opened on a flat note. The Sensex is down 13.46 points at 22494.96, and the Nifty down 6.70 points at 6708.60. The Indian rupee opened marginally higher at 60.04 per dollar versus 60.11 Tuesday. On International front, In the US, stocks declined sharply, a day after the Dow industrials and S&P 500 closed near record highs, as American international group reported a decline in profit and Twitter fell as insiders got their first opportunity to sell since the company's initial public offering. The CBOE volatility index, a measure of investor uncertainty rose 3.8 percent to 13.80. On BSE, Midcap is up by 0.58% and Small 0.38% as we write this. On sectoral front, CONSUMER DURABLES is the best performer to gain 1.50% while on downside, IT is trading lower by 0.54% at the time of writing this. Further the market breath stands positive with 1022 shares are seen advancing against 787 declining shares.
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