Tuesday, 26 August 2014

Morning Summary, Market Synopsis: 26th August, 2014

Equity benchmarks opened lower on Tuesday following consistent nervousness due to Supreme Court order on coal block allocation case. The Sensex fell 25.27 points to 26411.75 and the Nifty lost 12.60 points to 7893.70. The Indian rupee opened flat at 60.52 per dollar on Tuesday as against previous day's closing value of 60.56 a dollar. The euro stayed on the back foot, having extended its decline. Meanwhile, weakness in the euro helped the dollar index, which remained close to its September 2013 peak of 82.671. On BSE, Midcap and Small cap are trading mixed today, Midcap is higher by 0.19% while Small cap is lower by just 0.04% as we write this. On sectoral front, Health care is the top gainer to add 1.49% while on down side, power is the worst counter to trade lower by 1.48% as we write this.
Further the market breadth stands neutral with one stock is seen advancing against each declining stock.
R

Photo: Morning Market Update:
Equity benchmarks opened lower on Tuesday following consistent nervousness due to Supreme Court order on coal block allocation case. The Sensex fell 25.27 points to 26411.75 and the Nifty lost 12.60 points to 7893.70. The Indian rupee opened flat at 60.52 per dollar on Tuesday as against previous day's closing value of 60.56 a dollar. The euro stayed on the back foot, having extended its decline. Meanwhile, weakness in the euro helped  the dollar index, which remained close to its September 2013 peak of 82.671. On BSE, Midcap and Small cap are trading mixed today, Midcap is higher by 0.19% while Small cap is lower by just 0.04% as we write this. On sectoral front, Health care is the top gainer to add 1.49% while on down side, power is the worst counter to trade lower by 1.48% as we write this.
Further the market breadth stands neutral with  one stock is seen advancing against each declining stock.
R

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