Indian equity benchmarks continued to consolidate for the third day on Thursday. The Sensex rose 37.94 points to 25511.83 while the Nifty fell 5.10 points to 7621.75. The Indian rupee has opened flat at 59.29 per dollar on Thursday as against previous day's closing value of 59.27 a dollar. Globally, Asian stocks were lower amid concerns about global growth and escalating tensions in Iraq. Uncertainty broke Wall Street's record streak overnight, with the blue-chip Dow Jones stock index losing more than 100 points. Analysts cited many factors for the pullback, including House Majority leader Eric Cantor's shock defeat in the primaries, the World Bank lowering its global growth forecasts and concerns of a sooner-than-expected rate hike from the Federal Reserve. On BSE, Midcap and Small cap are trading up by 0.45% and 0.20% higher today. On scetoral front, top gainer is metal to increase 0.69% while on downside, Auto is lower by 0.12% as we write this.
Further the market breath stands positive with 1200 shares are seen advancing against 884 declining shares.
Further the market breath stands positive with 1200 shares are seen advancing against 884 declining shares.
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