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Market trades in the green, slightly above flatline; Vedanta loses
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Market trades in the green, slightly above flatline; Vedanta loses
May 29, 2018 3:07 AM

The market turned positive after opening flat on Tuesday. Standing slightly above the flatline, the BSE Sensex was trading at 35,217 points and the NSE Nifty trading at 10,707 points.

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Asian cues, weak rupee, falling crude oil prices and rising fuel prices are keeping the market in check.

Vedanta continued to lose 2% in trade after the Tamil Nadu government permanently closed the company's Sterlite plant. SBI, Bharti Infratel, ICICI Bank and UPL were among the other top index losers.

Idea Cellular, GAIL, Lupin, Sun Pharma and Larsen and Tourbo were the top index gainers.

The BSE Sensex opened at 35,106 points, while the NSE Nifty opened at 10,667 points.

The rupee opened weaker, cracking its three-day gain, at 67.41 against the US dollar.

On the earnings front, BPCL, M&M, BHEL, BEL, Coal India, Dish TV, Dilip Buildcon, Power Grid, Eveready, Force Motors, Glenmark, among others will declare their quarterly results.

First Published:May 29, 2018 12:07 PM IST

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