Friday, 5 September 2014

Morning Summary, Market Synopsis: 5th September, 2014

After a resting day, the market seems to be picking up pace slightly again. The Sensex is up 52.05 points at 27137.98 and the Nifty is up 3.95 points at 8099.90. The Indian rupee has opened at 60.44 a dollar, down by 9 paise compared to previous day's closing value of 60.35 a dollar. In the US, stocks erased record-setting gains on turning lower in a late-session shift as cheer over the European Central Bank's unexpected rate cut faded, a day ahead of the monthly payrolls report. Non-farm payrolls are estimated to show that economy created 225,000 jobs in August. On BSE, Midcap and Smallcap are trading up by 0.61% and 0.84% respectively. On sectoral front, Consumer Durable is the top gainer to add 0.70% and Power is the worst till now to trade lower by0.18%, as we write this.
Further the market breadth stands positive with 1407 shares are seen advancing against 699 declining shares.

Photo: Morning Market Update:
After a resting day, the market seems to be picking up pace slightly again. The Sensex is up 52.05 points at 27137.98 and the Nifty is up 3.95 points at 8099.90. The Indian rupee has opened at 60.44 a dollar, down by 9 paise compared to previous day's closing value of 60.35 a dollar. In the US, stocks erased record-setting gains on turning lower in a late-session shift as cheer over the European Central Bank's unexpected rate cut faded, a day ahead of the monthly payrolls report. Non-farm payrolls are estimated to show that economy created 225,000 jobs in August. On BSE, Midcap and Smallcap are trading up by 0.61% and 0.84% respectively. On sectoral front, Consumer Durable is the top gainer to add 0.70% and Power is the worst till now to trade lower by0.18%, as we write this.
Further the market breadth stands positive with 1407 shares are seen advancing against 699 declining shares.

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