Equity benchmarks opened marginally lower on Wednesday following weak global cues. The Sensex slipped 13.61 points to 26258.36 and the Nifty fell 4.75 points to 7847.65. The Indian rupee opened flat at 61.46 per dollar on Wednesday as against previous day's closing value of 61.43 a dollar. On the global front, Asian markets were trading weak following negative US cues. In the US, stocks fell sharply, extending losses into a second session, as investors fretted slowing economic growth in Europe and the potential impact on coming third-quarter earnings from US corporations. On BSE, Midcap is trading lower by 0.18% while smallcap is trading flat as we write this.
Further the market breadth stands positive with 1029 shares are seen advancing against 927 declining shares.
Further the market breadth stands positive with 1029 shares are seen advancing against 927 declining shares.
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