Friday 16 May 2014

CapitalVia: Morning Update

Share Market Opening Bell :

☛ The Sensex is up 935.09 points or 3.91 percent at 24840.69, and the Nifty up 277.45 points or 3.90 percent at 7400.60.
☛ The Indian rupee opened sharply higher on the election results day. It is trading at 59.92 against 59.29 Thursday.
☛ SBI, HDFC Bank, BHEL, Axis Bank and L&T stocks are major gainers in the Sensex, up 4-9 percent each.
☛ BJP is already in celebration mode but the mood is muted at the Congress office. There is massive security in place across the country as counting day beckons.

Elections2014 will make a huge impact on the markets today and thereafter. Stay tuned for more updates CapitalVia Global Research Limited Review.

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