After holding gains for a long time, the market opened on a negative note but picked up momentum quickly. After losing over 100 points, the Sensex is up 29.64 points at 21885.86, and the Nifty is up 13.20 points at 6530.10. The Indian rupee opened higher at 61.02 per dollar on Thursday as against previous day's closing value of 61.22 a dollar. It immediately breached 61 level and went upto 60.92 a dollar. US stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China's economy. On BSE, Midcap and small cap are trading positive with Midcap gaining over 0.68% and Smallcap is up by 0.45% as we write this. n sectoral front Bankex is the top gainer to gain 2.31% and IT is the worst performer to decline 2.5%.
Further the market breath stands positive with 1200 shares are seen advancing against 773 declining shares.
Further the market breath stands positive with 1200 shares are seen advancing against 773 declining shares.
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