The market opened marginally lower ahead of RBI's fifth bimonthly monetary policy review. The Sensex fell 40.80 points to 28518.82 and the Nifty declined 12.60 points to 8543.30. The Indian rupee opened flat at 61.99 per dollar on Tuesday as against previous day's closing value of 62.02 a dollar. Globally, Asian markets were mixed in trade. US stocks declined, with the Nasdaq composite falling for the first session in seven, as a lackluster start to the holiday shopping season mostly overrode data that had a measure of US factory activity slowing less than expected in November. On BSE, midcap and smallcap are trading with no major changes as we write this.
Further the market breadth stands negative with 917 advances were seen against 1005 declining stocks.
Further the market breadth stands negative with 917 advances were seen against 1005 declining stocks.
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