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Equity intraday benchmarks started off Tuesday's trade on a
flat note with the Sensex rising 32.39 points to 27239.13 and the Nifty
advancing 9.10 points to 8155.40. About 1005 shares have advanced, 357 shares
declined, and 52 shares are unchanged. TCS, Infosys, ICICI Bank, Wipro, NTPC,
HCL Technologies and Tech Mahindra gained 0.7-1.7 percent while M&M, ITC,
L&T, ONGC, HDFC Bank, DLF and Jindal Steel fell 0.4-1.4 percent.
Indian rupee has opened lower by 13 paise at
60.94 per dollar on Tuesday compared to previous day's closing value of 60.81 a
dollar. Asian markets were trading in the red in early trade after China
released better-than-expected factory activity. Trade, however, is quiet with
Japanese markets being shut for Autumnal Equinox Day.
Brent crude slipped to USD 96 dollars per barrel as demand and supply fears outweighed expectations of a cut in oil output from the OPEC. Precious metal gold struggled around USD 1215 an ounce, hurt by outflows from the top bullion backed exchange-traded fund (ETF) as investors adjusted positions in anticipation of higher interest rates in the US and further strength in the dollar.
Brent crude slipped to USD 96 dollars per barrel as demand and supply fears outweighed expectations of a cut in oil output from the OPEC. Precious metal gold struggled around USD 1215 an ounce, hurt by outflows from the top bullion backed exchange-traded fund (ETF) as investors adjusted positions in anticipation of higher interest rates in the US and further strength in the dollar.
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