Stock Market Opening Bell & Market Update for 07-08-2018

Market Live: Sensex & Nifty open at fresh record high; midcaps up, banks hit

 Equity benchmarks have begun the day on a record high note, with the Nifty trading comfortably above 11,400. The Sensex has risen over 100 points. 

The Sensex is up 115.50 points or 0.31% at 37807.39, while the Nifty is up 32.00 points or 0.28% at 11419.10. The market breadth is positive as 464 shares advanced, againt a decline of 119 shares, while 60 shares are unchanged.

All sectoral indices are trading in the green, with maximum gain seen in auto names. IT, metals and pharma space is also trading higher. In the broader markets, the Nifty Midcap index is up over one third of a percent. 

Infosys, M&M, Hindalco and GAIL are the top gainers, while Adani Ports and ICICI Bank have lost the most.  

The Indian rupee opened marginally lower at 68.91 per dollar on Tuesday versus previous close 68.88.

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