The market has kickstarted on a strong note as Sensex is up 170.25 points at 25811.81. The Nifty is up 43.50 points at 7707.40. The Indian rupee opened flat at 60.29 per dollar versus 60.28 Friday. The dollar holds steady as some calm returned to markets following an initial bout of risk aversion stemming from a flare up in geopolitical tensions. Asian stock markets started the week with gains but the mood was cautious due to ongoing geopolitical tensions. Trading volumes were light with Japan shut for a holiday on account of annual Marine Day. Kospi rose to their highest levels since December thanks to upbeat second-quarter earnings results. On BSE, midcap and smallcap are trading higher by 1.08% and 1.30% respectively.
Further the market breath stands positive with 1656 shares are seen advancing against 906 declining shares.
Further the market breath stands positive with 1656 shares are seen advancing against 906 declining shares.
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