Sensex and Nifty started the day on a positive note with Sensex opening at 19002.7 versus the previous closing of 18886.13 and Nifty surged 25 points to open the day at 5574.70. However, market started in green but failed to sustain in and dropped sharply in the early minutes. Nifty is down by 50 points and Sensex is trading at 18758.10, -131 points as we write this. Rupee begin the day with a decline of 28 paise at 66.28 against the previous day's close of 66.0 and is extending its downward journey to trade at 66.75 with an intraday high of 66.90 per dollar till now. On Global front, US market was closed yesterday on account of Labor day and European shares ended positive. Asian markets are also trading firm since morning on back of strong global economic releases. On BSE, Midcap is trading unchanged and Small Cap is trading up by 0.23%. On sectoral front, Metal is the best performer to gain 0.52% whereas Bankex is the worst one to decline 1.26%.
Further the market breath stands neutral with one share seen advancing against one declining share.
Further the market breath stands neutral with one share seen advancing against one declining share.
No comments:
Post a Comment