Key benchmark indices trading flat in early morning trade. The BSE Sensex trading at 28996.96 down -2.31 points (-0.01%) and NSE Nifty at 8951.10 down 4.20 points(0.05%).
The Market breadth indicating the overall health of the market is flat .On NSE there are 27 shares in advance where 23 shares in decline. Total Unchanged 1 share.
Kotakbank, ACC, Gail, Sunpharma and Ambujacem are gainers while Hindalco, Infy, Hcltech, Wipro and Reliance are losers in the Sensex.
ACC-Ambuja restructuring got its FIPB nod and deal conclusion in CY16 is a step forward towards realising potential synergy gains over the medium term
Avenue Supermarts, the operator of retail chain D-Mart, has opened its Rs 1,870 crore initial public offering for subscription today.
The Indian rupee opened higher by 5 paise at 66.62 on Wednesday as previous close of 66.67 against the US Dollar.