Decline in Asian stocks dragged indices lower in early trade .The BSE Sensex trading at 26086.92 down 155.46(-0.59%) and NSE Nifty at 8009.95 down 51.35 points(-0.64%).HDFC, ITC, Maruti Suzuki, ICICI Bank, Axis Bank, ONGC and Asian Paints were down 0.5-1 percent while TCS, Tata Motors, Infosys, Wipro and Tata steel gained .
Asian Stocks r suffered modest losses following a slide in US Stocks .US Stocks closed lower yesterday with DOW and Nasdaq retreating all time highs sets a day earlier.
The Market breadth indicating the overall health of the market is negative .On NSE there are 6 shares in advance where 45 shares in decline. Total Unchanged 0 shares.
Sunpharma gained more than 1 percent after the company acquired oncology product Odomzo from Novartis for global markets.
The Indian rupee open higher today by 8 paisa at 67.83 per dollar as compare with closing of 67.91 on Wednesday.