The Indian equity market opened in green today with Nifty witnessing a significant gain of 135 points or more than 2% at 6295 and Sensex surged 444 points to 21152.5. The near term outlook remains negative and we expect prices to gain further in the coming session. The rupee gained in early trade against the dollar on Thursday. The rupee rose 28 paise to 61.74 per dollar as against previous day's closing of 62.05. US markets ended flat with the Dow extending losses into the fourth session. Europe too ended lower and Asian markets too open on the backfoot weighed down by taper fears. On BSE, Midcap and Smallcap are trading up by 0.97% and 0.79% respectively. On sectoral front, Bankex is the top performer to add 4.08% while Health care is the worst performer to gain 0.09%.
Further the market breath remains positive with 955 shares are seen advancing against 302 declining shares.
Further the market breath remains positive with 955 shares are seen advancing against 302 declining shares.
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