After a long weekend of five days, equity benchmarks started of Tuesday's trade on a lower note with the Sensex falling 22.52 points to 26545.47 and the Nifty losing 11.25 points to 7934.30.The Indian rupee opened higher by 20 paise on Tuesday at 61.41 per dollar against 61.61 a dollar on last Wednesday. On the global front, Asian markets were trading mixed. Hang Seng, Nikkei and Kospi saw marginal gains while Straits Times and Taiwan Weighted declined. Protest in Hong Kong that started a week ago has been demanding the right to choose a candidate for the chief executive role in 2017. In the US, stocks fell with investors adopting a cautious approach two days before the release of minutes from the Federal Reserve's last meeting and quarterly earnings. The federal open market committee releases minutes from its last session on Wednesday, with the Federal Reserve on track to conclude its bond purchases this month. On BSE, Midcap and Smallcap are trading lower by 0.18% and 0.37% respectively.
Further the market breadth stands positive with 1180 shares are seen advancing against 963 declining shares.
Further the market breadth stands positive with 1180 shares are seen advancing against 963 declining shares.
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