Market Update, Stock Market Update, market newsThe benchmark indices went up and down between the negative and positive territory near the flat line in early trade. At 11.00 am, the BSE Sensex, was down 163 points or 0.55% at 29,625.37. The Nifty-50 index was also down 54 points or 0.58% at 9,183.10.  Realty and Metal stocks gained in early trade. The BSE Mid-Cap index and BSE Small-cap were down 0.51% and 0.87% respectively.
All the sectoral indices are trading in negative terrain  in the morning hours at NSE Nifty Realty index is the biggest laggards trading lower by 1.22% at 220 levels. There were 305 advances, 1244 declines and 392 unchanged stocks on NSE showing strong negative undercurrent floating in the market.
US stocks finished a bit lower yesterday, 11 April 2017, as mounting geopolitical tensions tempted investors out of risky assets and perceived safety of Treasuries, gold & Japanese yen.
The Indian rupee has increased to 64.5 from 67.9 against the U.S dollar since January. An appreciation of the rupee against the USD helps to cheaper the imports, following the producers of durables to reduce the prices.