The market has opened flat. The Sensex is down 34.04 points at 29425.10 and the Nifty is down 17.55 points at 8939.20. About 492 shares have advanced, 215 shares declined, and 100 shares are unchanged.
Sun Pharma, HDFC, TCS, Reliance and Cipla are top gainers in the Sensex. Coal India tanks 5 percent, while M&M, Tata Motors, Axis Bank and ITC are laggards.
The Indian rupee opened flat at 61.89 per dollar versus 61.87 Monday.
The dollar edges higher against a basket of major currencies, touching an 11-year high despite soft economic data. Euro slips to 1.11 levels.
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