The S&P BSE Sensex is trading at 28,142 up 65 points, while NSE Nifty is trading at 8,710 up 16 points.
Asian markets opened flat with markets awaiting earnings as strength in the US $ & rise in bond yields gets factored into most markets.
The market would be focused on earnings even as investors pay close attention to FII inflows and currency movement. While FIIs have largely been offloading positions, domestic funds seem to be witnessing positive activity in investments.
The rupee opened lower by one paise at 66.89/$ as against the previous close of 66.88/$.
India's foreign exchange reserves declined by $1.506 billion to USD 366.139 billion in the week to October 14, the Reserve Bank said. Foreign currency assets (FCAs), a major component of the overall reserves, dipped by $1.486 billion to $340.908 billion. Gold reserves remained steady at $21.406 billion.
Asian markets opened flat with markets awaiting earnings as strength in the US $ & rise in bond yields gets factored into most markets.
The market would be focused on earnings even as investors pay close attention to FII inflows and currency movement. While FIIs have largely been offloading positions, domestic funds seem to be witnessing positive activity in investments.
The rupee opened lower by one paise at 66.89/$ as against the previous close of 66.88/$.
India's foreign exchange reserves declined by $1.506 billion to USD 366.139 billion in the week to October 14, the Reserve Bank said. Foreign currency assets (FCAs), a major component of the overall reserves, dipped by $1.486 billion to $340.908 billion. Gold reserves remained steady at $21.406 billion.
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