Wednesday 10 December 2014

Morning Summary, Market Synopsis: 10th December, 2014

Market starts on a cautious note on Greece anxiety; Nifty holds 8300: The market has opened in red amid global turmoil but rebounded. European political woes added to the anxiety. Power, FMCG, Realty, PSU, IT, indicesare the gainers, while Auto, Banks, Capital goods, Consumer Durables, Oil and gas indices are losers.
At 10:00 AM, the S&P BSE Sensex is trading at 27,765 down 32 points, while NSE Nifty is trading at 8,330 down 10 points. However, the market breadth indicating the overall health of the market was strong. The Mid-cap and Small-cap Index is trading Flat. The Indian rupee opened with marginal loss of 8 paise at 61.96 per dollar versus previous day's closing value of 61.88 a dollar. The dollar nursed hefty losses following a brutal shakeout of bullish positions.

Photo: Morning Market Update:
Market starts on a cautious note on Greece anxiety; Nifty holds 8300: The market has opened in red amid global turmoil but rebounded. European political woes added to the anxiety. Power, FMCG, Realty, PSU, IT, indices are the gainers, while Auto, Banks, Capital goods, Consumer Durables, Oil and gas indices are losers.
At 10:00 AM, the S&P BSE Sensex is trading at 27,765 down 32 points, while NSE Nifty is trading at 8,330 down 10 points. However, the market breadth indicating the overall health of the market was strong. The Mid-cap and Small-cap Index is trading Flat. The Indian rupee opened with marginal loss of 8 paise at 61.96 per dollar versus previous day's closing value of 61.88 a dollar. The dollar nursed hefty losses following a brutal shakeout of bullish positions.

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