The benchmark indices on Thursday opening were trading lower on negative global cues. At 10.15 am, the BSE Sensex, was trading down 63.43 points or 0.21% at 30,069.92. The NSE Nifty was trading down 15.35 points or 0.16% at 9,336.50. In the broader market, the BSE Mid-cap index added 0.7% and the BSE Small-cap index added 0.08% each.
The market is expected to be volatile as traders roll over positions in F&O segment from the near month April 2017 series to May 2017 series. The near month April 2017 derivatives contract ceases today, 27 April 2017.
Some buying trend is observed in Healthcare, IT and Automobiles indices, while Telecom, Energy, Bankex and Finance indices are showing weakness on BSE. Infosys Ltd, Tata Motors, Cipla, Kotak Bank and are among the majors, whereas ICICI Bank, Axis Bank, HDFC Bank and Lupin are losing splendor on the NSE.
Meanwhile, the rupee cherished by 6 pais
e to 64.05 at open against its previous day’s close of 64.11. The domestic currency had made stronger to 63.93 a dollar, its highest since August 2015 in intraday trade yesterday.
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