Morning Market Update:
Indian market opened marginally positive today with Sensex opening at 19072.0, adding almost 100 points and Nifty was higher by 25 points to open the day at 5617.0. Market is trading in a range today and is expected to consolidate near the current level after recording significant gains in past sessions. Indian rupee opened flat at 66 per dollar Friday as against previous day's close of 66.01 per dollar. In previous session the domestic currency had gained 106 paise on several measures announced by the new RBI governor Raghuram Rajan. On international front, US Stocks eked out gains for a third-consecutive session Thursday, with the 10-year note yield pushing closer to the psychological threshold of 3 percent, as investors digested a flurry of economic reports and ahead of the government's widely-watched monthly jobs report. On BSE, MIdcap and small cap are trading in green with Midcap gaining 0.42% and Small cap is up by 0.61%. On sectoral front, health care is the top gainer to add 1.17% while on other hand worst performing sector is Auto, -0.91% at the time of writing this.
Further the market breath remains positive with 985 shares are seen advancing against 587 declining shares and 82 share are unchanged.
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