The market Is Experiencing Mild Volatility

The market is experiencing mild volatility. Within the first ten minutes of trade, Sensex saw a swing of 159 points between high and low of 37,663.12 and 37,503.74, respectively.

The Indian market traded flat in early deals as gains in shares of HDFC Bank, Hindustan Unilever and ICICI Bank were offset by losses in those of TCS, Reliance Industries and Infosys.

The rupee depreciated by 14 paise to close at 71.02 against the US dollar on October 7 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy, as per PTI.

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