Indian equity market opened lower today with the Sensex fell 75.85 points to 20,784.01, and the Nifty lost 24.80 points to 6,192.35The Federal Reserve announced Wednesday it would start to taper its aggressive bond-buying program to USD 75 billion a month beginning in January, propelling the market to a record close. Indian rupee opened lower by 15 paise at 62.24 against the US dollar on Thursday versus previous day's closing of 62.09. On global front, U.S. stocks rose on Wednesday even after the Federal Reserve announced plans to begin scaling back a monthly bond-buying program that has supported stocks for over a year now, as dovish language in the policy statement sparked a rally. On BSE, Midcap and Small ca are trading down today with midcap lower by 0.06% and small cap is down by 0.17%. On sectoral front, IT is performing the best to gain more than a percent and capital Goods is the worst performer to trade down by 1.59%.
Further the market breath stands neutral with a ratio of 1:1.
Further the market breath stands neutral with a ratio of 1:1.
No comments:
Post a Comment