Equity benchmarks opened marginally lower on profit booking after rallying consistently in previous nine sessions. The Sensex declined 23.57 points to 27116.37 and the Nifty slipped 12.40 points to 8102.20. The Indian rupee opened flat at 60.46 per dollar versus 60.48. The euro held on to modest gains against the dollar, having pulled up from one-year lows as investors booked some profits ahead of the European Central Bank policy review. The dollar index comes off a 14-month peak. On BSE, Midcap and smallcap are trading lower by 0.27% and 0.34% respectively.
Further the market breadth stands negative with 835 shares are seen advancing against 1058 declining shares.
Further the market breadth stands negative with 835 shares are seen advancing against 1058 declining shares.
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