After more than a 300-point rally on Monday, the market started off Tuesday's trade with mild profit booking amid volatility. NTPC plunged nearly 7 percent after CERC released draft MYT regulations 2014-19 for power generation companies. The Sensex declined 35.93 points to 21,290.49, and the Nifty fell 9.20 points to 6,354.70 at the time of market opening. Indian rupee gained in the early trade today. It opened higher by 15 paise at 60.98 per dollar as against previous day's closing value of 61.13. Asian markets are mixed today as investors remain cautious ahead of the Chinese Industrial production data. US stocks closed higher, with S&P 500 at a record, as Wall Street weighed when the Federal Reserve would begin curbing its monetary stimulus and tracked budget negotiations on Capitol Hill. European equities were strong. On BSE, Mid cap is trading marginally higher y 0.08% while small cap is down by 0.16%. On sectoral front, top performing sector is consumer durable; +0.36% and worst sector is Power which is down by almost 4%.
Further the market breath stands negative with 472 shares are seen advancing against 935 declining shares.
Further the market breath stands negative with 472 shares are seen advancing against 935 declining shares.
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