The market has opened on a positive note. The Sensex is up 72.26 points at 20859.56, and the Nifty is up 18.60 points at 6210.05. About 322 shares have advanced, 53 shares declined, and 390 shares are unchanged. The rupee opened lower at 62.40 against US dollar versus previous day's closing value of 62.32 per dollar. In the global markets, disappointing US economic data weighs on the dollar and the yen has strengthened to 104/dollar. US markets ended a quarter percentage lower as mixed economic data made investors cautious ahead of the jobs data this week. Stocks closed slightly lower, with the S&P 500 extending 2014 losses into a third session. The yield on the 10-year treasury note fell 4 basis points to 2.963 percent. On BSE, Midcap and Smallcap are trading positive with Midcap up by 0.01% and Small Cap is higher by 0.28% as we write this. On sectoral front, Consumer durable is the top gainer to gain 0.26%while on the flipside, Bankex is the top loser to ease 0.90% at the time of writing this.
Further the market breath stands positive with 662 shares are seen advancing against 596 declining shares.
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