Markets trading flat despite weak global cues: The market is lackluster in early trade ahead of outcome of FOMC's two-day meeting (that will end tonight) and expiry of January derivative contracts (on Thursday). Benchmark indices are trading on flat note subdued by profit-booking in capital goods and select financials and auto stocks like L&T, HDFC twins and Tata Motors.
At 9:45 AM, the S&P BSE Sensex was trading at 29530 down 40 points, while NSE Nifty was trading at 8905 down 5 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is positive. The Indian rupee fell marginally in early trade today. The currency has opened at 61.50 a dollar, down 11 paise compared to previous day's closing value of 61.39 a dollar.
At 9:45 AM, the S&P BSE Sensex was trading at 29530 down 40 points, while NSE Nifty was trading at 8905 down 5 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is positive. The Indian rupee fell marginally in early trade today. The currency has opened at 61.50 a dollar, down 11 paise compared to previous day's closing value of 61.39 a dollar.
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