The market has opened on a strong note again. The Sensex is up 79.83 points at 28088.73 and the Nifty is up 21.95 points at 8405.25. The Indian rupee opened flat at 61.48 per dollar versus 61.51 Wednesday. Britain's pound fell to a 14-month low against the dollar on Wednesday as investors pushed back rate-increase expectations to late 2015 after the Bank of England forecast low inflation. The dollar rose more modestly against other major currencies. On BSE, Midcap and Smallcap are trading flat with Midcap gaining slightly higher while smallcap are trading nominally lower as we write this.
Further the market breadth stands negative with 951 shares are seen advancing against 1049 declining shares.
Further the market breadth stands negative with 951 shares are seen advancing against 1049 declining shares.
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