The market opened positive today with Sensex opening at 20046.0, up by 50 points and Nifty was up by more than 15 points to open the day at 5931.0. However the market opened in green but failed to sustain its gains and we saw prices moving down in the early trade. Technically, an important support for Nifty comes in play around 5850.0 and we expect the aforesaid level to remain intact for the day. The Indian rupee opened higher by 12 paise at 63.2450 per dollar versus 63.3650 Wednesday. Just in the initial trade, rupee went up to 62.9238 per dollar and currently trading at 63.3600. On International ground, S&P 500 surged to a one month high as diminishing concern over the military strike against Syria had boosted the equity market in US. Asian markets are trading mixed as worries over the FED stimulus program had ignited uncertainty. On BSE, Midcap and Small cap are trading positive with gains of 0.70% and 0.98% respectively. On sectoral break, realty is the top moving sector to add as much as 2.26% while on the flipside, Bnakex is the worst performer to witness a decline of 1.50%, at the time of writing this.
Further the market breath remains positive with 1073 share are advancing against 635 declining shares and 102 are unchanged.
Further the market breath remains positive with 1073 share are advancing against 635 declining shares and 102 are unchanged.
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