The intraday market has opened on a flat note. The Nifty is
at 7645.10, down 10 points. Sensex rates not updating due to technical glitch.
Grasim, Infosys, Sun Pharma, SBI and Tech Mahindra are top gainers in the Nifty
while HDFC, Reliance L&T, HUL and ICICI Bank are major losers.
The Indian
rupee has opened lower at 59.32 per dollar as against previous day's closing
value of 59.29 a dollar. The dollar continued to see a bump up with the
benchmark index slowly inching towards the 81 mark.
In commodities, Brent failed to rally much
beyond the USD 110 mark, ending the day with a minor cut. However, precious
metals saw a decent comeback with gold managing to rise above 1260 per ounce
for the first time in 2 weeks while platinum and palladium rallied nearly 2
percent.
US intraday markets paused as investors took stock of valuations. Dow recovered
to seek out minor gains. Meanwhile, Europe continued to add to the gains on ECB
induced optimism. Asia is trading mixed this morning.
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