Sensex, Nifty trade Lower, Rupee open Higher

The Indian share benchmark indices started lower on Tuesday as a result of negative signage of Asian markets. At 9.40am, the BSE Sensex was down 37 points at 40230-levels and the NSE Nifty too down 11 pts at 12,077-levels.

Yes bank, DrReddys, NTPC, L&T and PowerGridwere among  major gainers on the Nifty, while losers are HCL Tech, HeroMotoCorp, Zeel, Asian paints and TCs

Among sectors, except Nifty IT and Media, all the other indices are trading in the green, with major index gains in Nifty Realty index which was up by 1.22% followed by Nifty PSU Bank, up 1.11%.

IT stocks declined 1.13% at this time with major falls in HCL Tech, Tata Elxi, and Mindtree down between 0.8 to 2.05% on strong rupee.

The Indian rupee started higher by 11ps at 69.15/USD on Tuesday against previous close 69.26.

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