The market has opened at a slightly higher
level. The Sensex is up 114.17 points at 24412.19, and the Nifty is up
37.05 points at 7289.95. The rupee has opened higher at 58.60 per dollar
on Thursday, up 17 paise compared to
previous day's closing value of 58.77 a dollar. Global cues, meanwhile,
may lend in support for the market rally with all the major markets
closing with significant gains.US stocks jumped high, bouncing back from
the prior day's sharp fall, after minutes from the Federal Reserve's
last meeting had central bankers discussing ways to normalize interest
rates. On BSE, midcap and smallcap are trading higher with midcap are up
by 1.90% and smallcap are higher by 2.08%. On sectoral front, consumer
durable is the best performer to gain 6.77% while on downside, IT is the
worst performer to decline 0.25% as we write this.
Further the market breath stands positive with 1821 shares are seen advancing against 450 declining shares.
Further the market breath stands positive with 1821 shares are seen advancing against 450 declining shares.
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