The market seems to be in good mood as it
opens at higher levels. The Sensex is up 132.52 points at 24495.57 and
the Nifty is up 46.40 points at 7309.95. The rupee has opened flat at
58.58 per dollar on Tuesday as against
previous day's closing value of 58.59 a dollar. Dollar slid to its
weakest against the yen in more than three months on Monday as
expectations of higher US interest rates faded. Globally, Asia shares
opened mixed this morning as the Nikkei snapped its four-day losing
streak while the Kospi retreated from fresh 2014 highs after economic
data showed that producer prices fell for the 19th straight month in
April. On BSE, Midcap is up by 2.27% while Small cap is trading higher
by 2.78% as we write this. On sectoral front, Realty gained as much as
6.09% to be the top performer while on downside, Oil and Gas is the only
sector to trade in red with a decline of 1.71% at the time of writing
this.
Further the market breath stands positive with 1587 shares are seen advancing against 503 declining shares.
Further the market breath stands positive with 1587 shares are seen advancing against 503 declining shares.
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