29 April 2014

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The Intraday market has once again opened on a flat note. The Sensex is up 14.22 points at 22645.83, and the Nifty is up 7.75 points at 6769.00. About 337 shares have advanced, 81 shares declined, and 14 shares are unchanged. Idea Cellular is up 3 percent while HUL lost around 1 percent on March quarter earnings. 
The Indian rupee opened with marginal gains of 5 paise at 60.59 per dollar on Tuesday as against previous day's closing value of 60.64 a dollar.Meanwhile, global intraday markets are mixed as the NASDAQ rebounded from an over 1 percent drop. European shares closed marginally higher boosted by merger and acquisition activity and Asia is subdued in morning trade.
Indian intraday markets ended lower after extreme volatility amid a range bound trading session, tracking weakness among Asian stocks. On sect oral front Capital Goods, Auto & FMCG indices were losers while Healthcare, Reality and Banking indices were gainers. Sensex down by 56 pts at 22631 and Nifty fell by 21pts at 6761. European markets traded up.
In precious metals space gold traded below USD 1300 an ounce, holding on to most of its losses from the previous session as strong US data offset safe-haven bids from escalating tensions between Russia and the West.

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