Soon after starting on a strong note, the Indian share
market slipped into red. The Sensex is down 6.41 points at 25573.80 and the
Nifty is down 3.00 points at 7651.60. About 822 shares have advanced, 191
shares declined, and 32 shares are unchanged.
- Bharti, Maruti, Tata Motors, Wipro and Infosys are top gainers in the Sensex. Among the losers are ONGC, HDFC, Hero Motocorp, Axis Bank and HUL. The Indian rupee opened flat at 59.24 per dollar against 59.20 Monday. The dollar strengthened pulling the euro dollar below 1.36.
- US Intraday markets ended higher with the Dow and S&P 500 closing at a fresh record high. Asia is firm in trade, all eyes now on China's inflation data for May due to be released today.
- In commodities, Brent
crude managed to cross the USD 110/barrel mark on optimism about growth in US
and China. From precious metals space, gold consolidated around the USD 1250
per ounce mark.
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