MARKET REVIEW FOR TODAY(30th July)

Our market opens the first day of a new series on a soft note. Earlier, the US markets ended lower for the second day running while Asia, this morning, is looking weak. Sensex is trading at 17923, down 68 points from its previous close, and Nifty is at 5387, down 21 points. CNX Midcap index is up 0.02% and BSE SMALLCAPindex is up 0.2%. The market breadth is negative with advances at 278 against declines of 310 on the NSE.