The market is celebrating Diwali with some sparkling gains. The Sensex is up 233.40 points or 0.9 percent at 26809.05, and the Nifty is up 70.05 points or 0.9 percent at 7997.80. About 453 shares have advanced, 81 shares declined, and 6 shares are unchanged. The Indian rupee has opened at 61.15 a dollar, up 16 paise compared to previous day's closing value of 61.31 per dollar on hopes of strong trade in equity market. Meanwhile, the euro fell against the dollar on reports that the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy. On BSE, Midcap and smallcap are trading higher with midcap up by 1.04% and small cap rose 0.89% as we write this.
Further the market breadth stands positive with 1373 shares are seen advancing against 601 declining shares.