The market continues its rally on Wednesday, with Nifty hitting the 7800-mark. The Nifty is up 35.05 points at 7802.90 while the Sensex is up 135.82 points at 26161.62. The Indian rupee gained in the early trade on Wednesday. It has opened higher by 10 paise at 60.14 per dollar versus 60.24 Tuesday. The euro languishes at multi-month lows against many of its peers, having moved decisively lower overnight. Asia appears to be consolidating today after a good trading session yesterday. Taiwan closed because of Typhoon Matmo. Yen holds steady at the 101.5 mark. US stocks rose yesterday, lifting the S&P 500 to a record, as Wall Street considered quarterly earnings. On BSE, Midcap and Smallcap are trading higher today with gains of 0.66% and 0.52% respectively. On scetoral front, IT is the best sector to gain 1.46% while on downside, healthcare is trading lower by just 0.04% as we write this.
Further the market breath stands positive with 1210 stocks are seen advancing against 705 declining shares.
Further the market breath stands positive with 1210 stocks are seen advancing against 705 declining shares.
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