Morning Market Update:
The market has opened on a tepid note with both the Sensex and Nifty slipping into red. The Sensex is down 82.27 points at 24634.61 and the Nifty is down 27.60 points at 7331.45. The rupee fell further in early trade. It opened at 58.80 a dollar, down 9 paise compared to previous day's closing value of 58.71 a dollar. Global cues, meanwhile, are positive with the European shares closing higher as investors reacted to the results of European parliament elections and presidential elections in Ukraine. Japanese shares too rose to a fresh seven-week high, posting a fifth session of gains. Midcap and smallcap are trading down by 1.45% and 1.445 respectively on sectoral front, It is the gaining sector to add 1.32% while on downside, realty is the worst performer to ease 3.07% as we write this.
Further the market breath stands negative with 737 shares are seen advancing against 1490 declining shares.
The market has opened on a tepid note with both the Sensex and Nifty slipping into red. The Sensex is down 82.27 points at 24634.61 and the Nifty is down 27.60 points at 7331.45. The rupee fell further in early trade. It opened at 58.80 a dollar, down 9 paise compared to previous day's closing value of 58.71 a dollar. Global cues, meanwhile, are positive with the European shares closing higher as investors reacted to the results of European parliament elections and presidential elections in Ukraine. Japanese shares too rose to a fresh seven-week high, posting a fifth session of gains. Midcap and smallcap are trading down by 1.45% and 1.445 respectively on sectoral front, It is the gaining sector to add 1.32% while on downside, realty is the worst performer to ease 3.07% as we write this.
Further the market breath stands negative with 737 shares are seen advancing against 1490 declining shares.
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