After paring losses in the previous session, Indian equity market opened on flat note today but slipped quickly again. The Sensex is down 0.54% at 20096.0, and the Nifty is down 0.53% at 5968.45 as we write this. Indian rupee opened lower today at 62.70 and rupee is likely to gain strength in coming hours. On global front, encouraging earnings and steady emerging market currencies pulled the global markets with the Nasdaq and the S&P 500 closing 0.7% higher, while the Dow Jones Industrial Average climbed 0.5%. On BSE, Midcap is slightly higher by 0.12% and small cap is up by 0.51% as we write this. On sectoral front, Healthcare is seen to be leading the gainers by adding just 0.30% while on downside, FMCG logged decline of a percent to be the worst performer till now.
Further the market breath stands positive with 900 shares are seen advancing against 610 declining stocks.
Further the market breath stands positive with 900 shares are seen advancing against 610 declining stocks.
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