Market Live:INDIAN STOCK MARKET


Benchmark indices turned positive as the Sensex was up 6.03 points at 29,653.45.

The Nifty started trading above its record closing high, up 4.60 points at 9,178.35.

The market breadth was also positive as about 1154 shares advanced against 464 declining shares on the BSE.

The Indian rupee has opened on a flat note at 64.92 against the US dollar.

Ashutosh Raina of HDFC Bank says the continued year-end portfolio flows getting absorbed by the intervention bids, continue in the USD-INR pair, with the pair trading close to crucial 64.80-64.85 per dollar technical level.

He expects the pair to trade in the 64.75-65.15 per dollar range for the day.

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