The Indian equity market opened nominally higher today, with Nifty logging a gain of 2.4 points at 6202.45 and Sensex was up by 15.22 points at 20867.69. The Indian rupee opened on flat note at 61.95 per dollar versus 61.94 Tuesday. The dollar index trades near 80 levels, after nudging 0.1 percent lower with some traders pointing to mixed US data as a reason for its fall. Globally, Wall Street ended modestly lower with the S&P 500 backing off from a record close as investors weighed a decline in consumer confidence and better-than-expected earnings from home-improvement retailer home depot. Asian markets got off to a cautious start on Wednesday following a flat finish on Wall Street due to concerns over opaque policy moves in China kept investors on edge. On BSE, Midcap is trading up by 0.18% and small cap gained 0.38% as we write this. On sectoral front, Healthcare is up by 0.74% where as on the downside, Metal is the worst performing sector to ease 0.79%.
Further the market breath stands positive with 768 shares are seen advancing against 443 declining shares.
Further the market breath stands positive with 768 shares are seen advancing against 443 declining shares.
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