The market has opened on a lower note. The Sensex is down 36.32 points at 25191.85, and the Nifty slips 17.20 points at 7524.90. The rupee opened lower by 6 paise at 59.82 per dollar as against Friday's close of 59.76 a dollar. The rupee is trading at lowest level since May 13, 2014. Global markets, meanwhile, are mixed with Asian equities starting the week lower with escalating violence in Iraq weighing on sentiment. US markets moved cautiously higher while Europe ended lower with investors tracking the developments in Iraq closely. On BSE, Midcap and Smallcap are trading lower with Midcap down by 0.69% and Small cap was lower 0.80% as we write this.
Further the market breath stands negative with 820 shares are seen advancing against 1531 declining shares.
Further the market breath stands negative with 820 shares are seen advancing against 1531 declining shares.
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