At 09:04 hrs IST, the Sensex is up 80.63 points or 0.21% at 37772.52, and the Nifty up 49.90 points or 0.44% at 11437.00.
The dollar-rupee August contract on the NSE was at 69.04 in the previous session. August contract open interest increased almost 6.09% in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
At 09:04 hrs IST, the Sensex is up 80.63 points or 0.21% at 37772.52, and the Nifty up 49.90 points or 0.44% at 11437.00.
Rupee opens
The Indian rupee opened marginally lower at 68.91 per dollar on Tuesday versus previous close 68.88.The dollar-rupee August contract on the NSE was at 69.04 in the previous session. August contract open interest increased almost 6.09% in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
Market at pre-open
Pre-opening trends indicate that the Sensex and Nifty Index are likely to have a higher start, with the Nifty trading well above 11,400-mark. At 09:04 hrs IST, the Sensex is up 80.63 points or 0.21% at 37772.52, and the Nifty up 49.90 points or 0.44% at 11437.00.
