The Intraday market has opened on a strong note. The Sensex
is up 88.75 points at 20900.19, and the Nifty is up 23.10 points at 6209.20.
About 274 shares have advanced, 70 shares declined, and 5 shares are unchanged.
Banks are lending support to the indices.
HDFC, Tata Power, Bharti Airtel, NTPC and Sesa Sterlite are
top gainers in the Sensex. Among the laggards are Bajaj Auto, Hindalco and Dr
Reddy's Labs. The Indian rupee opened with a marginal gain of 8 paise at 61.98
per dollar on Tuesday as against previous day's closing value of 62.06 a
dollar.
The Indian equity market is expected to see a positive opening as indicated by the SGX Nifty that rose 25 points to 6,220. The Sensex rose 110.69 points to close at 20,811.44 and the Nifty climbed 30.65 points to 6,186.10.
Meanwhile, Wall Street ended higher though off session highs with the S&P 500 that was trading just below the record close. European markets too ended higher after Spain was upgraded by Moody's. Asian markets were trading in the positive territory in the morning trade.
The Indian equity market is expected to see a positive opening as indicated by the SGX Nifty that rose 25 points to 6,220. The Sensex rose 110.69 points to close at 20,811.44 and the Nifty climbed 30.65 points to 6,186.10.
Meanwhile, Wall Street ended higher though off session highs with the S&P 500 that was trading just below the record close. European markets too ended higher after Spain was upgraded by Moody's. Asian markets were trading in the positive territory in the morning trade.
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