Equity benchmarks are under pressure amid volatility in morning trade, weighed down by financials, telecom and FMCG stocks. The Sensex is down 52.45 points at 19841.40, and the Nifty is down 15.25 points at 5867 at the time of market opening. the rupee gained strength today, rising above the 62 level. It rose 15 paise to 61.92 against the US dollar. On Global note, The S&P 500 and Dow snapped five-day losing streaks on Thursday on positive job market data but gains were limited as investors worried if Washington lawmakers would pass bills to avoid a government shutdown and possible US debt default on time. Asian markets were trading firm. Hong Kong's Hang Seng was up 0.12 percent or 28.47 points at 23,153.50. On BSE, Midcap and Smallcap are trading positive with gains of 0.34% and 0.42% respectively. On sectoral Font, Oil is the top gainer to adding a percent and Bankex is the worst performer to ease 1.44%.
No comments:
Post a Comment