After the stellar rally on Thursday, the market has opened flat today. The Sensex is down 18.94 points at 28056.61 and the Nifty is up 9.90 points at 8504.05. About 287 shares have advanced, 182 shares declined, and 235 shares are unchanged.
HDFC Bank, HUL, Axis Bank, Sesa and Cipla are top gainers in the Sensex while GAIL, Maruti, Tata Steel, BHEL and HDFC are losers. TCS is down 2 percent post its December quarter results.
The Indian rupee opened flat at 62.08 per dollar against previous close of 62.06. The euro hovered above 11-year low as investors bet the Swiss move to abandon its currency cap meant it was almost certain the European Central Bank would launch large-scale bond buying next week.
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