Morning Summary, Market Synopsis: 12th September, 2014

The market has opened marginally higher. The Sensex is up 28.47 points at 27024.34 and the Nifty is up 1.35 points at 8087.05. The Indian rupee opened flat at 60.97 per dollar against the previous day close of 60.92.The dollar hovered below a 14-month peak against a basket of major currencies as the sell-off in sterling and the euro tapered off, but commodity currencies remained under pressure. Globally, in the US, stocks cut losses to close mixed as geopolitical tensions lingered ahead of consumer data. Boosted by low oil prices, transports also gained and helped stocks turn positive. On BSE, midcap and Small cap trading marginally higher with gains of 0.27% and 0.47% respectively.
Further the market breadth stands positive with 1327 shares are seen advancing against 846 declining shares.