The market has opened marginally higher. The Sensex is up 71.56 points 26431.67 and the Nifty up 13.45 points at 7904.55. The Indian rupee opened higher by 18 paise on Friday at 60.49 per dollar versus 60.67 Thursday. The dollar is hovering just below its 2014 peak against a basket of major currencies. Global markets are awash with positive sentiment as the S&P 500 hit a new record as a host of US economic data positively surprised amidst optimism that Federal Reserve chairman Janet Yellen will continue to maintain a dovish stance in her speech at Jackson Hole today. Asian and the European markets both were is positive in trade. On BSE, midcap and smallcap are trading up by 0.31% and 0.26% respectively.
Further the market breadth stands positive with 1265 shares are seen advancing against 942 declining shares.
Further the market breadth stands positive with 1265 shares are seen advancing against 942 declining shares.
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