The BSE Sensex was up 0.16 percent, or 44 points, to 28,222 while NSE Nifty had risen 0.07 percent, or 5 points, to 8,437 points.Indian sharemarket trimmed some of their early gains, after benchmark indices rose in early trade to create another high this morning.

This consolidated came after the rupee fell 0.11 percent to 61.8 versus the US dollar — a one-month low — following trade balance data released yesterday that showed exports had come in at their weakest since April this year, even as there was a fall in overall trade deficit.

Mid and small caps outperformed frontline indices with a 0.6 percent and 0.9 percent gain, respectively. Among sector gainers in early trading, were logistics, sugar and rubber stocks, rallying 5 percent to 6.5 percent while jewellery and fertilizer stocks witnessed selling. While FTIL, SpiceJet, Moser Baer and FIEM Industries rose following individual news in the counters.

The BSE Sensex was 0.2 percent, or 49 points, higher to 28,227 points while the NSE Nifty gained 8 points to 8,438. Mid and small cap stocks, as measured by their respective BSE indices, were up 0.4 percent and 0.9 percent, respectively.

Coustery : http://www.moneycontrol.com/news/local-markets/live-stocks-trim-gains-after-rupee-hits-1-month-low_1231442.html