Nifty opens
above 11,600, Sensex trades higher; Essel Propack, Zee Ent in focus
Market
opens: Indian indices
opened higher on Tuesday with Nifty above 11,600 mark.
The Sensex is up
38.43 points at 38683.61, while Nifty up 20 points or 0.17% at 11614.50. About
386 shares have advanced, 294 shares declined, and 31 shares are
unchanged.
IndusInd Bank, ITC,
Cipla, Lupin, Zee Entertainment, Tata Steel, are among major gainers on the
indices, while losers are Gail, BPCL, IOC, HPCL, Yes Bank, PC Jewellers,
Reliance Infra, Reliance Communications and Indiabulls Housing.
Among sectors,
except energy and IT all other indices are trading in green.
SGX Nifty:
Trends on SGX Nifty indicate a flat opening for the broader index in India, a
gain of 9.50 points or 0.08 percent. Nifty futures were trading around
11,626.50-level on the Singaporean Exchange.
Rupee Opens: The Indian rupee opened marginally higher
at 69.62 per dollar on Tuesday versus previous close 69.67.
Stocks in the news: Jet Airways, Essel Propack, Lux Industries,
Tejas Networks, GAIL
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