Stock markets update: Equity benchmark indices opened in green registering marginal gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 67 points to 81,423.53. Meanwhile, the Nifty was also up by 25 points to 24,861.35.
Among the Sensex firms, PowerGrid Corp, NTPC, Tata Motors, Asian Paints, Titan, Bajaj Finserv and Hindustan Unilever were the major gainers. UltraTech Cement, Sun Pharmaceuticals, Mahindra and Mahindra, Tata Consultancy Services, Adani Ports and Special Economic Zone and Nestle India were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were quoting lower. The US markets eked out modest gains and closed higher on Monday. Global oil benchmark Brent crude declined 0.41 per cent to USD 79.45 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,474.54 crore on Monday, according to exchange data.
Rupee against dollar
Meanwhile, the rupee opened flat at 83.73 against the US currency on Tuesday as the dollar remained firm in overseas markets. At the interbank currency exchange, the rupee opened firm at 83.73 and was trading in the range of 83.73 to 83.74 in early trade. Forex traders said a decline in crude oil prices supported the rupee but firm dollar overseas restricted gains for the domestic unit. Month-end dollar demand as well as forex outflows also kept the rupee in a tight range.
(With PTI inputs)
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