Sensex opens flat, Nifty still below 8650; HUL, ONGC, SBI down

The market has opened on tepid note with the Sensex up 10.05 points at 27940.26. The Nifty is up 15.75 points at 8641.45. About 492 shares have advanced, 189 shares declined, and 48 shares are unchanged. Daily share market tips, on mobile by TradeIndia Research.

The Indian rupee opened higher by 8 paise at 66.71 per dollar versus 66.79 Friday.

Bharti Infratel | NBCC | Siemens | Caplin Point | Tayo Rolls | GMR Infra | Bosch | Wockhardt | Sical Logistics | Heritage Foods | Nestle India | Bharat Financial Inclusion | Mahindra Holidays | Ujaas Energy | TTML | Dish TV | JM Financial and Marico are stocks, which are in the news today.

OPENING BELL
SENSEX UP + 14.02 @ 27944.23,
NIFTY FUTURE UP + 21 @ 8649.00,
BANK NIFTY FUTURE UP + 20.15 @ 19570.00,
USD/INR – 66.68.


Gold was mostly unchanged early on Tuesday amid easing equities and a steady US dollar, with investors sitting tight awaiting cues from the upcoming Federal Reserve meeting on a possible interest rate hike. Join Free Commodity Tips on mobile with free trial service.

Spot gold was nearly unchanged at USD 1,277.50 an ounce at 0111 GMT.

US gold futures were up 0.43 percent at USD 1,278.60 per ounce.

Oil prices edged higher from one-month lows in early trading in Asia on Tuesday after OPEC agreed on a long-term strategy that was seen as an indication the cartel was reaching a consensus on managing production.


But the gains were limited as the market was weighed down by further indications of record output from the group, a sign the glut that has kept a lid on prices is not draining away as fast as the oil bulls would like.

MCX SUPPORT & RESISTANCE LEVEL
GOLD DEC FUTURE
R2–30417,
R1 -30248,
S1-29501,
S2-29202,

SILVER DEC FUTURE
R2 –42916,
R1- 42715,
S1-41501,
S2-41011,

CRUDE OIL OCT FUTURE
R2 –3264,
R1-3200,
S1-3101,
S2-3098,

COPPER OCT FUTURE
R2 –339,
R1-334,
S1-322,
S2-316.