Last day on Friday the global market closed with a positive note or with gain.
The 30-share BSE Sensex closed at 23,154 just near to gain 200 points and NSE
Nifty closed above 7,000 yesterday.The S&P utility sector led declines,down by 2.73%.The S&P 500 is just above its
50-day moving average for a second session,which some trader believe is a sign of
improving sentiment.
The Nasdaq composite added 0.18% to 4590.47.
The weak trend in the rupee will be another short-term advantage for IT exporters and the rupee has depreciated by nearly 10 percent in the past 12 months.