After yesterday’s carnage, the market opened on a flat note Tuesday. The Sensex is up 6.77 points at 20714.22, and the Nifty is down 4 points at 6131.85. The rupee opened lower at 63.18 per dollar versus 63.10 Monday. The dollar regains a firmer footing against the yen, as expectations that the US Fed will scale back its stimulus further pulled the dollar off a seven-week low against the yen. Emerging markets currencies remain under pressure, though most analysts believe a full-blown crisis is unlikely at the moment. Globally, the US markets ended lower following uncertainty ahead of the US Fed's two-day policy meet that begins today. Europe too ended in the red while Asian markets are flat in morning trade. On BSE, midcap and Small cap are trading positive with midcap up by 0.63% and small cap is higher by 0.73%. On sectoral front, Realty stands as best performer to edge 2.29% while on the flipside, FMCG is performing the worst, logging a decline of 1%, as we write this.
Further the market breath stands positive with 1079 shares seen advancing against 655 declining shares.
Further the market breath stands positive with 1079 shares seen advancing against 655 declining shares.
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