Thursday 3 July 2014

Morning Summary, Market Synopsis: 3rd July, 2014


The market has opened in green after Wednesday’s record closing high. The Sensex is at 25914, up 78.04 points while the Nifty is at 7739.60, up 14.55 points. The Indian rupee opened flat at 59.67 per dollar versus 59.69. US dollar clings onto modest gains, having risen broadly on the back of a report that showed solid hiring in the US private sector. On Global front, Asia markets are cautious ahead of US Non Farm payrolls and the ECB rate decision due today. Kospi retreated from five-week highs though data showed their foreign reserves rose by the biggest amount in eight months in June. On BSE, Small Cap is gaining around half a percent and Mid Cap is up 0.32%. On sectoral front, BSE IT and BSE TECK are leading the sectors, are gaining around 0.75% each and rest of the sectors are up around half a percent each.



Further the market breadth stands negative with 661 shares advancing against the 789 declining shares.

Photo: Morning Market Update:
The market has opened in green after Wednesday’s record closing high. The Sensex is at 25914, up 78.04 points while the Nifty is at 7739.60, up 14.55 points. The Indian rupee opened flat at 59.67 per dollar versus 59.69. US dollar clings onto modest gains, having risen broadly on the back of a report that showed solid hiring in the US private sector. On Global front, Asia markets are cautious ahead of US Non Farm payrolls and the ECB rate decision due today. Kospi retreated from five-week highs though data showed their foreign reserves rose by the biggest amount in eight months in June. On BSE, Small Cap is gaining around half a percent and Mid Cap is up 0.32%. On sectoral front, BSE IT and BSE TECK are leading the sectors, are gaining around 0.75% each and rest of the sectors are up around half a percent each. 

 

Further the market breadth stands negative with 661 shares advancing against the 789 declining shares.

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