Share Market News: Sensex, Nifty Opens Flat

Sensex, Nifty flat in early trade:

BSE Sensex is trading at 28,554 up 31 points, while NSE Nifty

is trading at 8,790 up 14 points. Asian markets got off to a tentative start. Shanghai Composite and Hang Seng are trading in red, while Nikkei 225 is marginally down. In the cabinet meeting today, the goverment to consider the finance ministry's proposals to reform the entire budgetary process, including advancing the date of budget presentation, merging the Railway budget with general budget and dropping the plan and non-plan distinction.

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Rupee opens higher against US Dollar:

The rupee opened higher two paise at 66.99/$ against US Dollar Wednesday as against the previous close of 67/$.

Top 10 stocks in focus today:

IOC & GAIL, Inox Leisure, Jet Airways, Piramal Enterprises, Monsanto India, NBCC, IRB Infrastructure Developers, Vardhman Textiles Ltd, TeamLease Services Ltd, Adani Ports