The market has opened on a flat note. The Sensex is down 28.78 points at 25636.49 and the Nifty down 20.90 points at 7651.15. The Indian rupee opened higher by 12 paise at 61.37 per dollar versus 61.49 Wednesday. In the US, stocks ended slightly changed with the S&P 500 holding steady near a two-month low, as investors sorted through developments in Ukraine and considered two derailed deals. The CBOE volatility index fell 3 percent to 16.37. On the economic data front, US trade deficit narrowed more than expected in June. The drop was driven by a 1.2 percent fall in imports, largely on the account of a sharp decline in petroleum imports. On the other hand, exports edged up 0.1 percent supported by a surge in automobiles. On BSE, midcap and small cap are trading higher by 0.38% and 0.47% respectively.
Further the market breath stands positive with 1268 shares are seen advancing against 652 declining shares.
Further the market breath stands positive with 1268 shares are seen advancing against 652 declining shares.
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