The Intraday market has once again opened on a flat note.
The Sensex is down 13.46 points at 22494.96, and the Nifty down 6.70 points at
6708.60. About 276 shares have advanced, 125 shares declined, and 16 shares are
unchanged. ONGC, NTPC, GAIL, BHEL and ITC are top gainers in the Sensex while
HDFC Bank, Wipro, Maruti, Axis Bank and Infosys.
The Indian rupee opened marginally higher at 60.04 per
dollar versus 60.11 Tuesday. The dollar fell against the currencies of major US
trading partners, especially the euro, which rose on data showing a strong
European Service Sector.The yen traded near Tuesday's three-week high of 101.48
per dollar and is up 0.5 percent in the past week.
In commodities, NYMEX crude rose as expectations of a build
in inventories were undermined by record low stocks at the benchmark's delivery
point, while Brent was near flat, weighing the Ukraine crisis against
rebounding Libyan supplies. From precious metals space, gold prices hovered
around 1310 dollar levels
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