After a mid-week holiday, the intraday market has opened on
a higher note. The Sensex is up 93.01 points at 22436.46, and the Nifty is up
29.55 points at 6724.60. About 190 shares have advanced, 67 shares declined,
and 24 shares are unchanged. Sun Pharma rises 3 percent while Maruti slips 1
percent in early trade.
The Indian rupee opened higher by 13 paise at 59.98 per
dollar versus 60.11 Monday. The dollar languished at three-week lows against a
basket of major currencies, having broken decisively lower as the yen squeezed
higher and even the euro gained a tailwind.Wall Street rebounded with the Nasdaq composite bouncing
back from its worst three-day hit since 2011 as Europe closes in the red.
Asia
is mixed in morning trade, with Japan down more than a percent on strong yen.
From precious metals space, gold gained over 1 percent yesterday as the dollar
and equity markets fell on signs the European central bank may not recur to
more stimulus, while renewed tensions in Ukraine kept risk appetite subdued. In
commodities, Crude prices rise with Brent above 107 dollars per barrel.
Meanwhile, gold rises over a percent to 1310 dollars.
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