Indian Share Market Tips|Market Live: Nifty above 11,400, Sensex flat in pre-opening trade
The Sensex is up 80.63 points or 0.21% at 37772.52, and the Nifty up 49.90 points or 0.44% at 11437.00.
Rupee opens: The Indian rupee opened marginally lower at 68.91 per dollar on Tuesday versus previous close 68.88.
The dollar-rupee August contract on the NSE was at 69.04 in the previous session. August contract open interest increased almost 6.09% in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
Market at pre-open: Pre-opening trends indicate that the Sensex and Nifty are likely to have a higher start, with the Nifty trading well above 11,400-mark.
The Sensex is up 80.63 points or 0.21% at 37772.52, and the Nifty up 49.90 points or 0.44% at 11437.00.
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