Indian equity market opened nominally higher
after witnessing superb gain in the last session. The Sensex is up by 11
points at 23882.0 and Nifty is at 7112.0, up by just 3 points as we
write this. Currency trading on domestic
bourses is closed today. On the global front, US stocks ended mixed,
with the S&P 500 crossing 1,900 for the first time, as disappointing
April retail sales were offset by an upward revision for the prior
month and an upbeat gauge of small business sentiment. In Europe,
markets closed higher as investors mulled on hopes of new measures by
the European Central Bank to be announced soon. On BSE, Midcap and
Smallcap are trading higher by 0.90% each while on sectoral front, Metal
is the top gaining sector, adding 1.25% till now while on downside IT
is lower by 0.16% at the time of writing this.
Further the market breath stands positive with 1072 shares are seen advancing against 567 declining shares.
Further the market breath stands positive with 1072 shares are seen advancing against 567 declining shares.
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