The Indian share market seems to be in good mood as it opens
at higher levels. The Sensex is up 132.52 points at 24495.57 and the Nifty is
up 46.40 points at 7309.95. About 644 shares have advanced, 84 shares declined,
and 20 shares are unchanged.
The Indian rupee has opened flat at 58.58 per dollar on
Tuesday as against previous day's closing value of 58.59 a dollar. Dollar slid
to its weakest against the yen in more than three months on Monday as
expectations of higher US interest rates faded.
In commodities, Brent prices fell as concerns about China's slowing economy
dragged global equities down and outweighed low Libyan output. From the
precious metals space, gold prices traded slightly higher on the back of a weak
dollar.
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