The market has opened slightly higher today. Sensex is up 49.51 points at 21882.12, and the Nifty up 15.10 points at 6531.75. The Indian rupee opened higher by 13 paise at 61.06 per dollar against 61.19 Tuesday. The dollar stood near its lowest level in more than four months against a basket of currencies, ahead of Janet Yellen's inaugural policy review as the Federal Reserve's Chief. Globally, Wall Street rallied, post positive US economy and after Vladimir Putin said Russia was not looking to divide Ukraine. Vladimir Putin signed a treaty to make Crimea a part of Russia saying Crimea has always been an inseparable part of Russia. However, the Russian president calmed markets by saying there was no need to divide Ukraine further. On BSE, Midcap and small cap are trading higher by 0.29% and 0.35% respectively. On sectoral front, Metal is the top performer to gain 2.19% while on the down side, worst performing sector is IT, -2.12% as we write this.
Further the market breath stands positive with 1118 shares are seen advancing against 822 declining shares.
Further the market breath stands positive with 1118 shares are seen advancing against 822 declining shares.
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