Friday 17 October 2014

Morning Summary, Market Synopsis: 17th October, 2014

Equity benchmarks started of Friday's trade on a positive note post yesterday's sharp cut but it could not sustain those gains. It got back to consolidation mode with the Sensex rising 2.70 points to 26002.04, and theNifty falling 4.60 points to 7743.60. The Indian rupee has opened higher by 15 paise at 61.68 a dollar on Friday compared to previous day's closing value of 61.83 a dollar. On the global front, Asian markets were trading mixed with the Nikkei falling marginally. US stocks ended little changed, with the Dow industrials recouping much of a 206-point deficit, as investors balanced worries about global growth against mostly better-than-expected US earnings and economic reports. On BSE, midcap and small cap are lower by 0.18% and 0.27% respectively.

Photo: Morning Market Update:
Equity benchmarks started of Friday's trade on a positive note post yesterday's sharp cut but it could not sustain those gains. It got back to consolidation mode with the Sensex rising 2.70 points to 26002.04, and the Nifty falling 4.60 points to 7743.60. The Indian rupee has opened higher by 15 paise at 61.68 a dollar on Friday compared to previous day's closing value of 61.83 a dollar. On the global front, Asian markets were trading mixed with the Nikkei falling marginally. US stocks ended little changed, with the Dow industrials recouping much of a 206-point deficit, as investors balanced worries about global growth against mostly better-than-expected US earnings and economic reports. On BSE, midcap and small cap are lower by 0.18% and 0.27% respectively.

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