The Indian equity market opened higher today with the Nifty up by 3.5 points at 6087.55 with a high of 6094.4, but still below the crucial level of 6100.0 level. Sensex opened at 20476.0, up by 28 points. The rupee opened marginally higher by 10 paise at 62 per dollar versus 62.10 Wednesday. Globally, The US markets took a breather with Procter & Gamble's reduced earnings outlook weighing on the Dow and the S&P little changed after its largest four-day rise in more than a year. Asian shares follow mixed US lead; Japanese investors booked profits following a four-day winning streak. On BSE, Midcap and Small cap are trading lower with decline of -0.20% and -0.12% respectively. On sectoral front, Auto is the top gainer to gain 0.45% as we write this while on the other hand Oil and Gas is performing the worst to decline 0.78%.
Further the market breath stands negative with 618 shares were seen advancing against 854 declining shares.
Further the market breath stands negative with 618 shares were seen advancing against 854 declining shares.
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