The market continues its uptrend on Monday as the benchmark indices have opened at record high again. The Sensex is up 85.20 points at 27951.03 and the Nifty is up 26.10 points at 8348.30. The Indian rupee opened lower by 14 paise at 61.50 per dollar versus 61.36 Friday. The yen fell to a fresh seven-year low against the dollar, extending a massive selloff sparked by the Bank Of Japan's surprise decision to boost its already huge bond-buying stimulus. In the US, stocks surged on Friday, lifting the Dow industrials and S&P 500 to record closes, after the Bank of Japan unexpectedly expanded stimulus, increasing hopes for the global economy. On BSE, Midcap and Small cap are trading up by 0.75% and 0.79% respectively.
Further the market breadth stands positive with 1383 shares are seen advancing against 765 declining shares.
Further the market breadth stands positive with 1383 shares are seen advancing against 765 declining shares.
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