The market has opened on a flat note as the Sensex is down 16.00 points at 21017.97. The Nifty is at 6237.15, down 14.55 points. The rupee opened lower by 13 paise at 61.36 per dollar on Thursday as against previous day's closing of 61.23 per dollar. The dollar is hovering near two-week high having extended gains after the Federal Reserve kept its massive bond-buying stimulus in place in a widely expected decision. On international front, the S&P 500 halted a four-session record run, as Wall Street reacted to the Federal Reserve's decision to hold off on reducing its monetary stimulus. Asian stocks tracked their US peers lower on Thursday following a slightly less dovish than expected tone from the Federal Reserve, and as attention turned to the Bank of Japan's policy review. On BSE, Midcap is trading up by 0.57% and Small cap is trading higher by 0.53%. On sectoral front, Consumer durable is performing the best to gain 1.86% while Bankex is trading lower by 0.58% as the worst performer.
Further the market breath stands positive with 869 shares are seen advancing against 681 declining shares.