Stock Market at Opening Hours:
After tomorrow closing with gains. Today Market opened with flat note. The S&P BSE Sensex is trading at 25,999 with 9pts down, while NSE Nifty is trading at 7,971 up eight points.
The Indian rupee opened marginally lower by 2 paise at 66.54/$ against US Dollar on Wednesday as against the previous close of 66.52/$. On Tuesday, The recovery in rupee was helped by the resilience in domestic equities.
Meanwhile, market participants remain cautious ahead of US FOMC meet today and BOJ policy meeting tomorrow. In addition, the currency will also be influenced by month‐end demand for the greenback from the importers.
Gainers and Losers:
ONGC, Tata Motors, Bajaj-Auto, Bharti AirtelHero MotoCorp, RIL and Infosys are among the gainers, whereas Axis Bank, ICICI Bank, Maruti Suzuki, SBI, Lupin and HDFC are losing sheen on BSE.