Markets open flat; Nifty holds 8,700 mark: Markets have started the session on a flat note tracking muted global cues. Among global peers, Asian stocks and the euro handed back gains and slipped on Thursday after theEuropean Central Bank took a hard line stance on Greece's debt and dampened optimism towards a resolution to the saga.
At 9:35 AM, the S&P BSE Sensex was trading at 28927 up 44 points, while NSE Nifty was trading at 8735 up 12 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 strong. The Indian rupee opened lower by 13 paise at 61.88 per dollar on Thursday against previous day's closing value of 61.75 a dollar. The euro declined after the European Central Bank said it will no longer accept Greek bonds as collateral for its liquidity operations, dealing a blow to Athens which is seeking debt relief from euro zone lenders.
At 9:35 AM, the S&P BSE Sensex was trading at 28927 up 44 points, while NSE Nifty was trading at 8735 up 12 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 strong. The Indian rupee opened lower by 13 paise at 61.88 per dollar on Thursday against previous day's closing value of 61.75 a dollar. The euro declined after the European Central Bank said it will no longer accept Greek bonds as collateral for its liquidity operations, dealing a blow to Athens which is seeking debt relief from euro zone lenders.
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