After a tumultous ride, the market has opened in green on Tuesday. The Sensex is up 71.46 points or 0.3 percent at 25878.56, and the Nifty up 18.15 points or 0.2 percent at 7926.40.
Tata Steel, ITC, Cipla, Adani Ports and ONGC are gainers while Hero MotoCorp, Axis Bank, Wipro, M&M and Dr Reddy's Labs are losers in the Sensex.
The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. Ashutosh Raina of HDFC Bank said, "The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels."
The dollar index held steady around the 103 mark, also Iranian rial hits record low against US dollar in a sign of concern about the country's ability to attract foreign money after US president-elect Donald Trump takes office.
Asian stocks were little changed on Tuesday, in thin trade and with little to guide them as most major markets were closed on Monday for Christmas holidays. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with Australia closed. The US market was shut yesterday, so no cues to watch out from there. The 10-year US Treasury yield was up 0.15 percent on Tuesday, after slipping 0.5 percent on Monday.
Tata Steel, ITC, Cipla, Adani Ports and ONGC are gainers while Hero MotoCorp, Axis Bank, Wipro, M&M and Dr Reddy's Labs are losers in the Sensex.
The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. Ashutosh Raina of HDFC Bank said, "The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels."
The dollar index held steady around the 103 mark, also Iranian rial hits record low against US dollar in a sign of concern about the country's ability to attract foreign money after US president-elect Donald Trump takes office.
Asian stocks were little changed on Tuesday, in thin trade and with little to guide them as most major markets were closed on Monday for Christmas holidays. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with Australia closed. The US market was shut yesterday, so no cues to watch out from there. The 10-year US Treasury yield was up 0.15 percent on Tuesday, after slipping 0.5 percent on Monday.
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