Tuesday 28 October 2014

Morning Summary, Market Synopsis: 28th October, 2014

Equity benchmarks maintained early gains with the Sensex rising 82.79 points to 26835.69 and the Nifty climbing 23.75 points to 8015.45. The broader markets gained marginally too with the BSE Midcap and Smallcap indices advancing 0.4-0.5 percent. The Indian rupee opened flat at 61.33 per dollar versus 61.31 Monday. The US dollar nurses modest losses, on expectations of more dovish comments from the Federal Reserve. In the US, stocks closed little changed, after the market's best week of the year, as investors tracked the cost of crude as a proxy for the health of the global economy and sorted through quarterly earnings.
The market breadth stands positive with 1193 shares are seen advancing against 906 declining shares.

Photo: Morning Market Update:
Equity benchmarks maintained early gains with the Sensex rising 82.79 points to 26835.69 and the Nifty climbing 23.75 points to 8015.45. The broader markets gained marginally too with the BSE Midcap and Smallcap indices advancing 0.4-0.5 percent. The Indian rupee opened flat at 61.33 per dollar versus 61.31 Monday. The US dollar nurses modest losses, on expectations of more dovish comments from the Federal Reserve. In the US, stocks closed little changed, after the market's best week of the year, as investors tracked the cost of crude as a proxy for the health of the global economy and sorted through quarterly earnings.
The market breadth stands positive with 1193 shares are seen advancing against 906 declining shares.

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