A quiet start for the stock markets today with the Sensex and Nifty opening flat despite weak global cues. Sensex is up 24.42 points and the Nifty is holding on to the 5,100 mark, as investors digest a spate of negative news flow from the overseas markets amid disappointment over the government’s measures announced on Monday to boost the Rupee.
It was completely a range bound session for the BSE Sensex and NSE Nifty on Tuesday as the market took its time to digest lower than expected measures announced by RBI yesterday to curb rupee's slide and weak global cues.
Market is likely to face the resistance level of 5134.Support can be seen near 5091& 5032 level.
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