Sensex opening bell: Market on green mark, Sensex rises 200 points, Nifty crosses 16000,

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Despite the slowdown in global markets, Indian markets are open in the green. Sensex has opened up 100 points while Nifty has crossed the level of 16000.

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There has been a lot of volatility in the US markets after the June inflation data came out. Dow Jones closed 200 points in the range of 450 points, while Nasdaq also saw a slight decline.

Delta Airline's results have disappointed and after that the stock is seeing a decline of 8 per cent. JPMorgan and Morgan Stanley's results are due today. Apart from this, the European markets are seeing a decline of up to 1 percent.

Talking about the Asian market, selling is happening here too. SGX Nifty is trading in the red mark with a fall of 37 points.

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An important news coming from the market is that now options trading on spices on NCDEX has got the approval of SEBI. Options trading in cumin, turmeric, coriander will be possible on #NCDEX from 15th July.