Sensex, Nifty Seen Tad Lower Ahead Of F&O Expiry
Indian shares may open a tad lower on Wednesday as investors may choose to remain on the sidelines ahead of the derivative expiry, the Republic Day holiday on Thursday and the Union Budget due to be unveiled next week. A slight uptick in the dollar and U.S. bond yields may also weigh on sentiment.
Benchmark indexes Sensex and Nifty fluctuated before ending on a flat note Tuesday, while the rupee settled 33 paise lower at 81.72 on persistent dollar purchases by oil companies.
Asian stocks traded mostly higher this morning, with Seoul stocks leading regional gains as trading resumed after a long holiday weekend.
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