At 9:15 AM, the BSE Sensex opened higher by 3.95 points at 28443.23, while the Nifty50 opened higher by 4.65 points at the 8805.7 mark.
The rupee opened at 67.29 per dollar down by 8 paise.
There are 858 advances, 507 declines and 436 unchanged stocks in morning hours on NSE.
All eyes would be on the Reserve Bank of India’s policy review today. Slowing inflation and a fiscally responsible budget may sway the RBI to cut interest rates on Wednesday, according to a Mint survey of economists of 10 banks.
Nifty50 is likely to face resistance around the level of 8,860. On the downside, the zone of 8,750 is likely to offer support to the index.
The American NASDAQ closed at 5663.55 levels down by 3.22 points. The Dow Jones Industrial Average fell 19 points. The S&P 500 shed 4.86 points.
Asian stocks have started off on a negative note on Tuesday, tracking the overnight fall in the US, as investors turned risk averse amid political uncertainties globally. Japan’s Nikkei 225 is trading with loss of 94 points, while Hang Seng is trading lower by 33 points and Shanghai Composite is trading flat. SGX Nifty is trading at 8805.50 levels down by 10.50 points.
The rupee opened at 67.29 per dollar down by 8 paise.
There are 858 advances, 507 declines and 436 unchanged stocks in morning hours on NSE.
All eyes would be on the Reserve Bank of India’s policy review today. Slowing inflation and a fiscally responsible budget may sway the RBI to cut interest rates on Wednesday, according to a Mint survey of economists of 10 banks.
Nifty50 is likely to face resistance around the level of 8,860. On the downside, the zone of 8,750 is likely to offer support to the index.
The American NASDAQ closed at 5663.55 levels down by 3.22 points. The Dow Jones Industrial Average fell 19 points. The S&P 500 shed 4.86 points.
Asian stocks have started off on a negative note on Tuesday, tracking the overnight fall in the US, as investors turned risk averse amid political uncertainties globally. Japan’s Nikkei 225 is trading with loss of 94 points, while Hang Seng is trading lower by 33 points and Shanghai Composite is trading flat. SGX Nifty is trading at 8805.50 levels down by 10.50 points.
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