Key benchmark indices open flat reversed initial decline .The BSE Sensex trading at 26232.96 up 22.28points (0.09%) and NSE Nifty at 8046.70 up 11.85points(0.15%).Axis Bank,Lupin,Cipla,M&Mand SBI are gainers while HUL,Adani Ports ,L&T,Bharti Airtel and HDFC Bank are losers in the Sensex.
Asian shares were trading on a mixed note.US stocks fell yesterday as shares financials and materials declined.
The Market breadth indicating the overall health of the market is also flat .On NSE there are 27 shares in advance where 24 shares in decline. Total Unchanged 0 share.
The market may remain volatile today as traders roll over positions in the F&O from December 2016 series to January 2017 series.
The Indian rupee opened flat today at 68.24 per dollar on Thursday versus closing of 68.24 on Wednesday.