Monday 2 June 2014

Morning Summary, Market Synopsis: 2nd June, 2014

The market has opened on a higher note. The Sensex is up 161.85 points at 24379.19 the Nifty up 34.10 points at 7264.05. The rupee slipped in early trade only. It opened lower by 18 paise at 59.27 per dollar versus Friday's closing value of 59.09 a dollar. The dollar edged up slightly in early Asian trade, while the euro came under pressure as the market braced for further stimulus measures from the European Central Bank this week. Globally, The US markets closed mixed on Friday, while Dow and S&P hit record highs and Nasdaq closed in the red. On BSE, Midcap is up by 1.25% and Smallcap is higher by 1.13% as we write this. On sectoral front the top gaining sector is Power to gain 0.83% while the FMCG is the worst performer to ease 1.16% at the time of writing this.
Further the market breath stands positive with 1400 shares are seen advancing against 610 declining shares.
Photo: Morning Market Update:
The market has opened on a higher note. The Sensex is up 161.85 points at 24379.19 the Nifty up 34.10 points at 7264.05. The rupee slipped in early trade only. It opened lower by 18 paise at 59.27 per dollar versus Friday's closing value of 59.09 a dollar. The dollar edged up slightly in early Asian trade, while the euro came under pressure as the market braced for further stimulus measures from the European Central Bank this week. Globally, The US markets closed mixed on Friday, while Dow and S&P hit record highs and Nasdaq closed in the red. On BSE, Midcap is up by 1.25% and Smallcap is higher by 1.13% as we write this. On sectoral front the top gaining sector is Power to gain 0.83% while the FMCG is the worst performer to ease 1.16% at the time of writing this.
Further the market breath stands positive with 1400 shares are seen advancing against 610 declining shares.

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