The market has opened on a higher note. The Sensex is up 166.96 points or 0.67 percent at 25173.94 and the Nifty is up 52.35 points or 0.70 percent at 7506.50. The Indian rupee opened lower by 6 paise at 60.13 per dollar as against previous day's closing value of 60.07 a dollar. Globally, US stocks climbed yesterday, with the Dow industrials back above 17,000 and posting an intraday record, as investors welcomed better-than-projected earnings from Citi Group and a bout of corporate takeovers. The markets will likely watch for comments from Janet Yellen when the Federal Reserve Chair appears before congress for two days of testimony that starts today. On BSE, Midcap and Smallcap are trading in green with gains of 1.52% and 1.67% respectively. Further on sectoral front, Capital Goods is the best performer to gain as much as 2%, followed by all other sectors which are also trading positive today.
The market breath stands positive with 1320 shares are seen advancing against 479 declining shares.
The market breath stands positive with 1320 shares are seen advancing against 479 declining shares.
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