After the deep cuts yesterday, the market has opened on flat note Wednesday. The Sensex is up 24.52 points at 26800 and the Nifty is up 10.30 points at 8027.85. The Indian rupee opened with a marginal loss at 61.03 per dollar versus 60.94. Globally, the US markets closed in the red on global growth concerns with the S&P 500 and Nasdaq closing at five-week lows. European market too saw cuts of 1-2 percent and Asian equities are tracking global losses trading negative in morning trade. On BSE, Midcap and Smallcap are trading lower today. Midcap is down by 0.39% and Smallcap is lower by 0.08% as we write this.
Further the market breadth stands positive with 938 shares are seen advancing against 1055 declining shares.
Further the market breadth stands positive with 938 shares are seen advancing against 1055 declining shares.
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