Market Opens: It is a flat start for the Indian indices on Wednesday with Nifty below 11,300 level.
The Sensex is down 26.84 points at 37508.82, while Nifty is down 15.20 points at 11286. About 585 shares have advanced, 486 shares declined, and 33 shares are unchanged.
Interglobe Aviation, Apollo Tyres, Nestle, Eicher Motors, RIL, Wipro, ITC, HUL, Infosys are among major gainers on the indices, while losers are IOC, HPCL, Vedanta, JSW Steel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, Allahabad Bank, Oil India and ONGC.
On the sectoral front, auto, bank, infra and metal indices are witnessing selling pressure, while FMCG ad IT indices are trading with marginal gains.
Rupee Opens: The Indian rupee opened marginally lower at 69.74 per dollar on Wednesday against previous close 69.70.
Market at pre-open: Benchmark indices are trading higher in the pre-opening, with Nifty around 11,330 level.
The Sensex is up 103.20 points at 37638.86, and the Nifty up 30.10 points at 11331.30.
JSW Steel and Vedanta are trading lower in the pre-opening session, Asian Paints, DLF are trading higher.
Crude Update: Oil prices edged higher on Wednesday, supported by planned cuts to Saudi exports and a reduced forecast for US crude output.
SGX Nifty: Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 18.50 points or 0.16 percent. Nifty futures were trading around 11,313.50-level on the Singaporean Exchange.
US markets end mixed: The S&P 500 and Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve's dovish stance on rate hikes, but the Dow ended down as Boeing's shares sank for a second day after one of its planes crashed in Ethiopia.
Asia trades lower: Asian share markets got off to a subdued start on Wednesday after a mixed finish on Wall Street, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit.
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