The Indian share market opened marginally positive with Sensex up around 28 points or 0.1% while Nifty is trading flat at 5721. However, mid and small cap stocks are trading in the red with the BSE Mid Cap and BSE Small Cap indices down by around 0.5% and 0.6% respectively. On sectoral front, prices are trading mixed with Consumer durable posting the maximum gain of 4.1% and BSE IT is up 1.1%. Power and Metal sectors are trading lower with a decline of 2.3% and 2.5% respectively. On international front, Asian stocks rose as global manufacturing reports beat forecasts and central banks vowed to maintain stimulus. On US market, stocks soared to set fresh closing highs on the first day of August, propelling the S&P 500 above the 1,700 mark for the first time, as Wall Street cheered a round of upbeat economic data and ahead of the widely-watched government jobs report. European shares closed higher on Thursday.
Further the market breath remains negative with 521 shares having advanced, 865 shares having declined and 90 shares reaming unchanged.