The market has once again opened on a flat
note. The Sensex is up 14.22 points at 22645.83, and the Nifty is up
7.75 points at 6769.00. The rupee opened with marginal gains of 5 paise
at 60.59 per dollar on Tuesday as against previous day's
closing value of 60.64 a dollar. Meanwhile, global markets are mixed as
the Nasdaq rebounded from an over a percent drop. European shares closed
marginally higher boosted by merger and acquisition activity and Asia
is subdued in morning trade. On BSE, Midcap and Small cap are trading
lower today with Midcap down by 0.15% and Small cap is lower by 0.01% as
we write this. On sectoral front IT and Tech are the only sectors to
trade in green while all other sectors are under selling pressure with
Metals leading the laggards - a decline of 1.77% at the time of writing
this.
Further the market breath stands negative with 874 shares seen advancing against 959 declining shares.
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