The market started the week on a positive note on Monday. The Sensex climbed 93.78 points to 28787.77 while the Nifty reclaimed 8600, up 25.95 points at 8614.20. The Indian rupee slipped by 21 paise in the early trade on Monday. It has opened at 62.23 per dollar versus 62.02 on Friday. Asian markets are mixed this morning, as Japan's benchmark index rose to a seven-year peak while Yen marked a new seven-year low. China's official PMI fell to 50.3 in November, missing estimates for a 50.6 figure and slowing from October's reading of 50.8. In the US, Wall Street finished lackluster on Friday amid a slide in oil prices. The Dow Jones and the Nasdaq ended flat and the S&P 500 was down a quarter of a percent.
The market breadth stands positive with 1247 shares are seen advancing against 929 declining shares.
The market breadth stands positive with 1247 shares are seen advancing against 929 declining shares.
No comments:
Post a Comment