Sensex Today: Indian equity markets started on a choppy note on Tuesday morning following sombre mood across Asia and an uptick in oil prices. At 09:16 IST, the Sensex was down 180.14 points or 0.33 per cent at 54341.01, and the Nifty was down 51.60 points or 0.32 per cent at 16226.90.
Top Gainers & Losers
Tata Steel, Sun Pharma, Bharti Airtel, NTPC, Ultratech Cement, PowerGrid, and Dr Reddy’s were the handful of gainers on the Sensex. While HCL Tech, Asian Paints, Tech M, TCS, Infy, Bajaj Finance, Wipro, L&T and HUL led losses on the index, down up to 1.5 per cent.
The broader markets, meanwhile, opened in green. The BSE MidCap and SmallCap indices were up to 0.14 per cent higher.
Rupee at Record Low
The rupee touched the 80-per-dollar mark for the first time on Tuesday. The local currency opened the day at 79.98 against the US dollar on July 19 against the previous close of 79.97. Then it immediately dropped to 80.
Global Cues
Asian shares slipped on Tuesday, following overnight declines on Wall Street, and the dollar hovered below last week’s peak, but traders’ main focus was approaching central bank meetings and the early stages of the U.S. earnings season.
Tokyo stocks opened higher on Tuesday after a three-day weekend, with investors encouraged by Wall Street rallies last week, despite US falls the day before. The benchmark Nikkei 225 index was up 0.73 percent, or 195.76 points, at 26,984.23 in early trade, while the broader Topix index edged up 0.66 percent, or 12.52 points, to 1,905.02.
Wall Street ended lower on Monday after bank stocks erased earlier gains and Apple shares fell on a report saying the company plans to slow hiring and spending growth next year. The Dow Jones Industrial Average fell 215.65 points, or 0.69%, to 31,072.61, the S&P 500 lost 32.31 points, or 0.84%, to 3,830.85 and the Nasdaq Composite dropped 92.37 points, or 0.81%, to 11,360.05.
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