The market looks fatigued in morning trade and trading lower but later on recovered some of losses as the IMF said that India is likely to clock an economic growth rate of 4.6 percent this financial year and the expansion may improve to 5.4 percent in 2014-15. The Sensex is down 53.47 points at 21197.65. The Nifty is down 17.60 points at 6296.20. The Indian rupee is trading at 61.9675, depreciate by 0.13% or 8 paise. On Global front, Asian equities traded mixed on Wednesday following an uninspiring lead from US peers and as caution set in ahead of regional central bank decisions. On BSE, BSE Mid Cap and Small Cap are trading higher since morning with a marginal gain of 0.37% and 0.33% respectively. On sectoral front, BSE Health Care and BSE Metal are leading the market, up around a percent each while on the flip side, BSE FMCG and Capital Goods are losing most of the ground, down around 0.75% each.
Further the market breadth stands slightly positive with 647 shares advancing against 494 declining shares.
Further the market breadth stands slightly positive with 647 shares advancing against 494 declining shares.
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