The market has opened in green with Nifty clenching 6150. The Nifty is up 34.35 points at 6160.60 while the Sensex is up 102.63 points at 20786.14. The rupee opened higher by 18 paise at 62.33 per dollar versus 62.51 Tuesday. The yen extends its pullback early this morning, while higher-risk currencies like Australian dollar rally after turkey stunned markets with a massive interest rate hike in an effort to stem capital flight from its economy. Globally, Asian equity markets rebounded on Wednesday after an aggressive rate hike from the Turkish central bank soothed worries over volatility in emerging markets. U.S. stocks rose on Tuesday after better-than-expected earnings shifted investors' eyes away from concerns that emerging markets may be cooling, which frayed nerves in global stock exchanges in recent sessions. On BSE, Midcap and Small cap are trading up by 0.73% and 0.84% respectively. On sectoral front Healthcare is the top performer to gain 1.55% while on down side, Metal is the only exception to trade in red, down by 0.35%.
Further the market breath stands positive with advance decline ratio stands at 2:1.
Further the market breath stands positive with advance decline ratio stands at 2:1.
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