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The Intraday market is weak as the Nifty opened
below the 8500-mark but quickly pull up strength. The 50-share index is up 5.45
points at 8531.80. The Sensex is down 101.37 points at 28126.02. About 363
shares have advanced, 478 shares declined, and 151 shares are unchanged.
Hindalco, Tata Motors, Tata Steel, Infosys and HUL are gainers in the Sensex.
Among the losers are L&T, Tata Power, ICICI Bank, Hero and NTPC. The Indian rupee has opened flat at 62.15 per dollar on Tuesday against previous day's closing value of 62.17 a dollar. The dollar slips somewhat after a payrolls-inspired rally ran out of steam. The dollar index is a tad softer but not far from an 11-year peak scaled last month.
The Indian equity market is expected to open in the red today with the SGX Nifty trading at 8509.00 down 46 points at 7:30 am on Tuesday. On back of concerns that a likely Aam Aadmi Party victory in Delhi could force the BJP government to go slow on reforms, the 30-share Sensex on Monday tumbled 490.52 points or 1.71 percent to close at 28227.39 after hitting a low of 28183.32 during the day.
Among the losers are L&T, Tata Power, ICICI Bank, Hero and NTPC. The Indian rupee has opened flat at 62.15 per dollar on Tuesday against previous day's closing value of 62.17 a dollar. The dollar slips somewhat after a payrolls-inspired rally ran out of steam. The dollar index is a tad softer but not far from an 11-year peak scaled last month.
The Indian equity market is expected to open in the red today with the SGX Nifty trading at 8509.00 down 46 points at 7:30 am on Tuesday. On back of concerns that a likely Aam Aadmi Party victory in Delhi could force the BJP government to go slow on reforms, the 30-share Sensex on Monday tumbled 490.52 points or 1.71 percent to close at 28227.39 after hitting a low of 28183.32 during the day.
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