The stock market trading is in selling pressure, BSE Sensex traded at 27088.01 and NSE Nifty traded at 8182.55 at 11.10 AM.
Whereas the precious metal, Silver was also trading near the five-week high boosted by 3.5 percent gains in overnight.
The Indian rupee has opened at 63.97 against per dollar with 3 paise gains on Thursday morning.
Inflation (decrease in the value) based on wholesale price Index (WPI) for April is expected at -2.07 percent as against -2.33 percent in March. Manufactured product inflation, at 68 month low in March, indicated low pricing power of manufacturers.