The market is still in a consolidation mode on Monday with the Nifty hovering around the 6150 level ahead of RBI policy on Tuesday and expiry on Thursday. The Sensex is up 40 points at 20723.00, and the Nifty is up 10 points at 6155.10 at the time of market opening. Indian rupee gained 6 paise in early trade Monday to 61.40 per dollar as against Friday's closing of 61.46. Globally, Asian markets opened higher today with the Nikkei rallying a percent in early trade and US Stocks finished in positive territory Friday, with the Dow and S&P closing higher for the third-straight week, lifted by a group of encouraging earnings reports. On BSE, Mid cap and Small Cap are trading marginally positive with Midcap adding 0.06% and Small Cap gained 0.23% as we write this.
Further the market breath remains positive with 924 shares seen advancing against 767 declining shares.
Further the market breath remains positive with 924 shares seen advancing against 767 declining shares.
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