 "Market flat in early trades; metals, cap goods lead")
After clocking its biggest single-day gains in one month frontline stocks opened flat amid subdued global cues. The 30-share BSE Sensex is currently trading at opened 41 points higher at 20894 levels while Nifty is currently trading up 10 at 6197.
Broader markets are up marginally as mid-cap and small-cap are up between 0.2-0.5% on the BSE.
Investors will keep an eye on minutes of the Fed's two-day meeting next week, including Bernanke's speech.
The partially convertible India rupee is currently trading at 62.26-a-dollar up Rs.14p from its previous close.
BSE metals index is the top gainer in sectors. Jindal Steel up 1.14%, Hindalco up 1% and Sesa Sterlite which is 0.6 pct were the top gainers from the pack.
BSE realty index is up 0.5%; IndiaBulls Real Estate up 2.7% and Unitech which is up 1.5% are the top gainers on the index.
Suzlon Energy is the top gainer in the BSE capital goods index which is among leading sectors on the BSE.
Overnight, in US, the S&P 500 and the Nasdaq ended lower on Monday while the Dow failed to close above its milestone level of 16,000 as stocks sold off late in the session following Carl Icahn's cautious comments on the equities market.
The Dow and the S&P 500 retreated from record levels with less than an hour to go in Monday's session. The Nasdaq, which had been down slightly for most of the day, fell 1.1% to a session low.
The Dow Jones industrial average rose 0.09%, to end at 15,976. The Standard & Poor's 500 Index slipped 0.37%, to finish at 1,791. The Nasdaq Composite Index slid 0.93%, to end at 3,950.
Asian shares slipped back from a two-week high on Tuesday after the previous session's hefty gains on China's economic reform plans, while the dollar was on the defensive on expectations the Federal Reserve will keep its stimulus a little longer.
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1%, giving up some of Monday's 1.4% rally driven by sharp jump in Chinese stocks.
China's CSI300 Index surged 3.3% on Monday, its biggest one-day rise in two months, to hit a four-week peak.
Other stocks
FTIL rises 8.4 percent. Jignesh Shah-promoted Financial Technologies (FTIL) announced on Tuesday that it would be selling off its entire stake in Singapore Mercantile Exchange, a wholly owned subsidiary based out of Singapore.
Suzlon Energy is the top gainer in BSE capital goods index, up 3.3%
Broader markets are up marginally as mid-cap and small-cap are up between 0.2-0.5% on the BSE.
Investors will keep an eye on minutes of the Fed's two-day meeting next week, including Bernanke's speech.
The partially convertible India rupee is currently trading at 62.26-a-dollar up Rs.14p from its previous close.
BSE metals index is the top gainer in sectors. Jindal Steel up 1.14%, Hindalco up 1% and Sesa Sterlite which is 0.6 pct were the top gainers from the pack.
BSE realty index is up 0.5%; IndiaBulls Real Estate up 2.7% and Unitech which is up 1.5% are the top gainers on the index.
Suzlon Energy is the top gainer in the BSE capital goods index which is among leading sectors on the BSE.
Overnight, in US, the S&P 500 and the Nasdaq ended lower on Monday while the Dow failed to close above its milestone level of 16,000 as stocks sold off late in the session following Carl Icahn's cautious comments on the equities market.
The Dow and the S&P 500 retreated from record levels with less than an hour to go in Monday's session. The Nasdaq, which had been down slightly for most of the day, fell 1.1% to a session low.
The Dow Jones industrial average rose 0.09%, to end at 15,976. The Standard & Poor's 500 Index slipped 0.37%, to finish at 1,791. The Nasdaq Composite Index slid 0.93%, to end at 3,950.
Asian shares slipped back from a two-week high on Tuesday after the previous session's hefty gains on China's economic reform plans, while the dollar was on the defensive on expectations the Federal Reserve will keep its stimulus a little longer.
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1%, giving up some of Monday's 1.4% rally driven by sharp jump in Chinese stocks.
China's CSI300 Index surged 3.3% on Monday, its biggest one-day rise in two months, to hit a four-week peak.
Other stocks
FTIL rises 8.4 percent. Jignesh Shah-promoted Financial Technologies (FTIL) announced on Tuesday that it would be selling off its entire stake in Singapore Mercantile Exchange, a wholly owned subsidiary based out of Singapore.
Suzlon Energy is the top gainer in BSE capital goods index, up 3.3%