Market Live | Trade NIvesh

Nifty around 12,050 in pre-opening, Sensex trades lower; rupee opens higher

Rupee Opens: The Indian rupee opened higher by 11 paise at 69.15 per dollar on Tuesday versus previous close 69.26.



Market at pre-open: Benchmark indices are trading lower in the pre-opening session with Nifty around 12,050 level.

At 09:01 hrs IST, the Sensex is down 79.28 points or 0.20% at 40188.34, and the Nifty down 29.80 points or 0.25% at 12058.70.

Crude Update: Oil prices fell on Tuesday amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended.

Wall Street ends lower: The three major US stock indexes declined on Monday on weaker-than-expected economic data, while shares of Alphabet, Facebook and Amazon.com fell sharply on fears the companies are the targets of US government antitrust regulators, putting pressure on the tech-laden Nasdaq.

SGX Nifty: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 45.50 points or 0.38 percent. Nifty futures were trading around 12,072.50-level on the Singaporean Exchange.

Asian markets trade higher: Shares in Asia inched higher and safe-haven assets gave up some overnight gains on Tuesday, as investors paused for breath after a volatile Wall Street session, but deeper concerns about growth have capped broader improvements in risk sentiment.

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