Thursday 17 July 2014

Morning Summary, Market Synopsis: 17th July, 2014


After the rush seen in market on Wednesday, investors seem to go slow today. The Sensex is down 10.40 points at 25539.32 and the Nifty is down 11.70 points at 7612.70. The Indian rupee opened flat at 60.15 per dollarversus 60.12. The euro wallowed at five-month lows against the yen and held near a two-year trough on sterling, having weakened broadly overnight in a move that should provide some comfort to the European Central Bank. On International front, Wall Street ended higher, the Dow index posted its 15th record-high close of the year led by a rally in tech shares. In Asia, equities are higher this morning following a record close in the US markets. Kospi is sitting close to a two-month peak as sentiment got a boost after June producer prices rose for the first time in 20 months. On BSE, Midcap and smallcap are trading up by 0.82%.
Further the market breath stands positive with 1322 shares are seen advancing against 700 declining shares.

Photo: Morning Market Update:
After the rush seen in market on Wednesday, investors seem to go slow today. The Sensex is down 10.40 points at 25539.32 and the Nifty is down 11.70 points at 7612.70. The Indian rupee opened flat at 60.15 per dollar versus 60.12. The euro wallowed at five-month lows against the yen and held near a two-year trough on sterling, having weakened broadly overnight in a move that should provide some comfort to the European Central Bank. On International front, Wall Street ended higher, the Dow index posted its 15th record-high close of the year led by a rally in tech shares. In Asia, equities are higher this morning following a record close in the US markets. Kospi is sitting close to a two-month peak as sentiment got a boost after June producer prices rose for the first time in 20 months. On BSE, Midcap and smallcap are trading up by 0.82%.
Further the market breath stands positive with 1322 shares are seen advancing against 700 declining shares.

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