The market opened on a flat note and quickly slipped into red. The Sensex is down 40.76 points at 22468.31, and the Nifty is down 13.85 points at 6722.25. The rupee has opened at 60.35 a dollar on Friday, down 19 paise compared to previous day's closing value of 60.16 a dollar. Globally, US stocks too failed to end higher in volatile trading on Thursday, snapping a four-day winning streak, ahead of the widely-watched government jobs report. The Dow and S&P 500 hit record intraday highs earlier in the session. The Nasdaq was the biggest loser of the three major averages, pressured by declines in momentum and biotech stocks. Dow Jones closed at 16572.55, down 0.45 points, while the Nasdaq ended trade at 4237.74, down 38.72 points. On BSE, midcap and small cap are seen advancing by 0.36% and 0.28% respectively. On sectoral front, CONSUMER DURABLES is the top gainer, adding 0.90% while on downside, CAPITAL GOODS is the worst performer to decline 1.14% at the time of writing this.
Further the market breath stands positive with 1134 shares are seen advancing against 715 declining shares.
Further the market breath stands positive with 1134 shares are seen advancing against 715 declining shares.
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