The market has opened on a strong note. The Sensex is up 88.75 points at 20900.19, and the Nifty is up 23.10 points at 6209.20. The Indian rupee opened with a marginal gain of 8 paise at 61.98 per dollar on Tuesday as against previous day's closing value of 62.06 a dollar. The dollar steadies against its rivals as traders seek more clarity on the pace of the US economic recovery after a series of soft data releases in the past few weeks. Globally, the Nikkei average advanced to a 3.5-week peak after a rally in Wall Street shares to historic highs triggered short-covering in battered Japanese stocks. Midcap and small cap are trading higher today with Midcap up by 0.58% and Smallcap is higher by 0.43% as we write this. On sectoral front, consumer durable is the top gainer to add 1.42%. while on down side power is worst trading sector to ease 0.33% at the time of writing this.
Further the market breath stands positive with 1162 shares are seen advancing against 595 declining shares.
Further the market breath stands positive with 1162 shares are seen advancing against 595 declining shares.
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