Markets have a quiet start; Nifty hovers at 8,775: The markets are flat in early trades despite the encouraging industrial output in February and the positive trends across the Asian bourses. Asian shares got off to a shaky start on Monday as recent rallies offered traders a profit-taking opportunity, while the dollar edged away from recent peaks in early trading.
At 9:30 AM, the 30-share Sensex was up 21 points at 28,900 and the 50-share Nifty was up 1 point at 8,781. In the broader markets, the BSE Mid-cap index was up 1.0% and the Small-cap index was up 0.2%. The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.
At 9:30 AM, the 30-share Sensex was up 21 points at 28,900 and the 50-share Nifty was up 1 point at 8,781. In the broader markets, the BSE Mid-cap index was up 1.0% and the Small-cap index was up 0.2%. The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.
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