The market has opened on a flat not ahead of the July expiry today. The Sensex is down 11.97 points at 20078.71, and the Nifty slips 8.35 points to 5982.15. Meanwhile, the Indian rupee opened at 59.29 per dollar versus 59.12 yesterday. RBI measures of raising short-term interest rates appear to be aimed at stabilizing the rupee around 60/USD and not towards significant appreciation. On international ground, the Dow and S&P 500 finished in negative territory Wednesday as investors digested the latest batch of corporate earnings, while stronger-than-expected results from Apple helped limit losses on the NASDAQ. European shares closed higher on Wednesday and Asian stocks declined on Thursday as caution over the region's second-quarter corporate earnings season offset gains from positive global economic data. Moving to the BSE segment, Midcap and Small cap are trading down with a decline of 0.50% and 0.22% respectively. On secotral front, prices are trading mixed with BSE IT sector is at 7289.35, recording a gain of 0.47% while on other hand BSE Power is trading down by a percent at the time of writing this.
Further the market breath remains negative with 588 shares have advanced, 928 shares declined and 90 shares are unchanged
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