Sensex turns negative, Nifty below 8,200 on muted global cues

free stock tipsOn Tuesday start, the benchmark indices turned negative tracking trend. At 10.15 am the BSE Sensex is trading lower by 0.02 percent at 26,591 while the NSE Nifty is trading up by 0.03 percent at 8,182. The BSE Mid Cap index and BSE Small Cap index both have opened the day up by 0.49 percent and 0.70 percent respectively. The rupee is trading at 68.02 to the US dollar. Consumer durables and power stocks seeing maximum buying interest while  banking and IT sector stocks have opened the day in red.

Meantime, GST Council meet begins today. The Industry minister Nirmala Sitharaman and representatives of various sectors to assess the implementation hurdles under the new goods and services tax regime.

Overseas, Asian stocks started 2017 on a mixed note today uninspired by a flow in European markets to their highest in more than a year. The dollar restarted its climb after last week’s stumble.

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