The market has opened flat. The Sensex is at 28,124.45,
down 0.1 percent or 27.95 points while Nifty is down 16.65 points or 0.2 percent at 8655.50.
Infosys is down 2 percent from previous close while Tata Motors, HDFC Bank are down. ITC and PowerGrid are up. The Indian rupee opened marginally higher at 66.85 per dollar on Tuesday versus 66.89 Friday. The dollar fell against a basket of currencies, undermined by recent soft US economic data that tempered expectations of a Federal Reserve interest rate hike this year.
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Infosys is down 2 percent from previous close while Tata Motors, HDFC Bank are down. ITC and PowerGrid are up. The Indian rupee opened marginally higher at 66.85 per dollar on Tuesday versus 66.89 Friday. The dollar fell against a basket of currencies, undermined by recent soft US economic data that tempered expectations of a Federal Reserve interest rate hike this year.
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