The market started off trade on flat note on Monday following mixed Asian cues. The Sensex fell 45.38 points to 21,018.24, and the Nifty declined 14.05 points to 6,247.60. The rupee declined in the early trade on Monday. It has opened lower by 11 paise at 61.67 per dollar as against Friday's closing value of 61.55. Meanwhile, the US dollar started at near a two-month high, having enjoyed a solid comeback last week after a string of mostly upbeat data convinced markets the Federal Reserve will continue its gradual withdrawal of stimulus. Asian markets opened mostly lower on Monday. Shanghai Composite was down 0.18 percent, Nikkei declined 0.77 percent and Straits Times shed 0.48 percent. On BSE, Midcap and small cap are trading higher by 0.29% and 0.47% respectively. On sectoral front, Teck is the top ginner to gain 0.52% while Oil and Gas is the worst performer to ease 0.66%.
Further the market breath stands positive with 853 shares seen advancing against 635 declining shares.
Further the market breath stands positive with 853 shares seen advancing against 635 declining shares.
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