The market has opened
in green after the severe loss on Monday. The Sensex is up 57.02 points at
27618.40 and the Nifty is up 16.25 points at 8377.25. About 566 shares have
advanced, 174 shares declined, and 66 shares are unchanged.
ICICI Bank, Bharti
Airtel, Infosys, Maruti and Hero are top gainers in the Sensex while Tata Motors,
GAIL, M&M, HDFC and Axis Bank are among laggards.
The Indian rupee opened
marginally higher by 5 paise at 64.11 per dollar on Tuesday against previous
close of 64.16.
Crude prices slipped
further, with the Nymex trading close to a four-month lows after a stock market
sell-off rattled investors, adding to concerns of an oil supply glut. Brent
crude slipped below USD 54.
Precious metal gold is
trading near its 5.5 year lows with expectations for a near-term US interest
rate hike seen keeping momentum firmly with the bears.
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