Indian Stock Market Trend with Morning Opening Bell

Sensex in the red, Nifty below 7,850; Maruti gains 2%, Texmaco Rail 7% 

The S&P BSE Sensex started on a cautious note on Tuesday following muted trend seen in other Asian markets. The fall in the index was led by losses in M&M, Vedanta, Bharti Airtel, Hero MotoCorp, and HDFC.

The 50-share Nifty index was trading around its crucial psychological level of 7,850, weighed down by losses in banks, power and IT related stocks.

Maruti Suzuki gained over 2 per cent while Vedanta fell over 2 per cent. Texmaco Rail rallied over 6 per cent while Nava Bharat added over 3 per cent. SpiceJet gained over 2 per cent while Arvind Infra surged 10 per cent in trade.

The rupee traded slightly lower against the US dollar in morning trade on Tuesday, amid rising hopes that the US Federal Reserve would put off a rate hike when it reviews its monetary policy later this week.

MarketMagnify Opening Bell

NIFTY FUTURE DOWN 25.20@7869.00

BANKNIFTY FUTURE DOWN 47.05@16899.30

SENSEX DOWN 48.60@ 25808.10

INR 66.37

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