The Sensex is up 109.68 points or 0.5 percent at 27754.83, and the Nifty is up 33.95 points or 0.4 percent at 8352.35. About 750 shares have advanced, 204 shares declined, and 66 shares are unchanged. The market opened on flat note but has quickly gained even though Greek crisis continues to drag global equities. The Sensex is up 66.98 points at 27712.13 and the Nifty is up 22.50 points at 8340.90. About 575 shares have advanced, 185 shares declined, and 58 shares are unchanged. Coal India, HUL, Sun Pharma, Bajaj Auto and Vedanta are top gainers in the Sensex. Among the losers are NTPC, Dr Reddy's Labs, TCS and Tata Motors. The Indian rupee opened higher by 8 paise at 63.76 per dollar on Tuesday against previous closing of 63.84. The dollar slips, while the euro climbs back above 1.12 to the dollar.
"Greece continues to grab the headlines and the global risk off sentiment has resulted in a flight to safety with US treasuries and bunds rallying hard and global equity markets tumbling." Greece will not be paying a 1.6 billion euro loan instalment due to the international monetary fund today. Greek Prime Minister Alexis Tsipras has urged citizens to vote against the reform proposals by the creditors.
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