Morning Summary, Market Synopsis: 9th May, 2014

Indian equity market opened flat with The Sensex is up 32.70 points at 22376.74, and the Nifty is down 5.70 points at 6654.15. The Indian rupee also opened flat at 60.06 per dollar versus 60.06 Thursday. Globally, In the US, stocks mostly declined, with the S&P 500 retreating after rising to within two points of its record close and the Nasdaq composite extending losses into a third day, as investors sorted through a mixed bag of earnings. Midcap and Smallcap on BSE sector are trading higher by 0.44% and 0.49% respectively. On sectoral front, Capital Goods gained 1.39% as the best performer while Health care is the only sector to trade in red with a nominal decline of 0.17%.

Further the market breath stands positive with 1165 shares are seen advancing against 648 declining shares.