After a strong rally, the market has opened tepidly on Dhanteras, a day considered auspicious for buying gold. The Sensex is up 59.32 points at 26489.17 and the Nifty is up 16.15 points at 7895.55. The Indian rupee opened marginally higher at 61.30 per dollar against previous close of 61.36. Major currencies traded in tight ranges with investors facing a vacuum of data and modest price changes in global markets. In US the stocks climbed, with the S&P 500 marking its longest winning run in a month, as Apple's quarterly results outdid disappointment that came with a reduced outlook from IBM. On BSE, midcap and smallcap are trading up near a percent each.
Further the market breadth stands positive with 1291 shares are seen advancing against 595 declining shares.
Further the market breadth stands positive with 1291 shares are seen advancing against 595 declining shares.
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