Wednesday 29 October 2014

Morning Summary, Market Synopsis: 28th October, 2014

The market has once again opened higher. The Nifty is inching closer to 8100, up 49.45 points at 8077.05. The Sensex is up 172.73 points at 27053.55. The Indian rupee opened marginally higher at 61.25 per dollar against 61.32 Tuesday. In the US, stocks rose, with the Dow industrials extending gains into a fourth day and the S&P 500 and Nasdaq composite higher on the month, as investors embraced corporate earnings, a rise in consumer sentiment and anticipated the end of the Federal Reserve's bond buys. On BSE, midcap and small cap are trading in green with gains of 0.46% and 0.85% respectively. On sevtoral front, the top gaining sector is Realty with gains of 1.19% while on other hand, Bankex and power are trading nominally lower as we write this.
Further the market breadth stands positive with 1415 shares are seen advancing against 641 declining shares.

Photo: Morning Market Update:
The market has once again opened higher. The Nifty is inching closer to 8100, up 49.45 points at 8077.05.  The Sensex is up 172.73 points at 27053.55. The Indian rupee opened marginally higher at 61.25 per dollar against 61.32 Tuesday. In the US, stocks rose, with the Dow industrials extending gains into a fourth day and the S&P 500 and Nasdaq composite higher on the month, as investors embraced corporate earnings, a rise in consumer sentiment and anticipated the end of the Federal Reserve's bond buys. On BSE, midcap and small cap are trading in green with gains of 0.46% and 0.85% respectively. On sevtoral front, the top gaining sector is Realty with gains of 1.19% while on other hand, Bankex and power are trading nominally lower as we write this.
Further the market breadth stands positive with 1415 shares are seen advancing against 641 declining shares.

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