Market indices open positive, Rupee gains in early trade

Mumbai (Maharashtra): Market indices registered significant gains on Tuesday morning after days of rallying in red, backed by significant gains in the Indian Rupee and select sectoral indices.

The BSE’s Sensex opened nearly 100 points higher at 34563.86, while Nifty managed to regain the 10,350 mark to trade at 10,365.60.

Pharmaceutical, financial and energy sectors saw maximum gains in morning trade. Shares of JSW Steel and Coal India witnessed 2-5 per cent rise, with the former witnessing an upgradation in long-term ratings.

Meanwhile, the Indian Rupee opened 19 paise higher at Rs 73.87 per dollar from its previous close of Rs. 74.06.