The market has opened higher as the Nifty races towards 7550 on the back of PSU Bank, Capital Goods and Realty sectors. The Nifty is up 25.25 points at 7534.05 while the Sensex is up 79.63 points at 25179.55. The Indian rupee opened flat at 60.03 per dollar versus 60.08 Friday. The dollar struggled to get off a one-month low against a basket of major currencies. On Global front, Asian equity markets kicked off the week mixed as traders brace for a week full of event risk. On BSE, Mid Cap and Small Cap are gaining 1.38% and 1.24% respectively. On Sectoral front, BSE Capital Goods and BSE BANKEX are up around 2%, followed by rest of the sectors.
Further the market breadth stands positive with 1100 shares advancing against the 310 declining shares.
Further the market breadth stands positive with 1100 shares advancing against the 310 declining shares.
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