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Stock market today: Nifty50 opens in green; BSE Sensex above 82,000

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Stock market today : Nifty50 and BSE Sensex , the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 went above 25,000, BSE Sensex was above 82,000. At 9:21 AM, Nifty50 was trading at 24,947.20, up 2 points to 0.0070%. BSE Sensex was at 82,088.06, up 29 points or 0.035%.

Domestic equity markets showed consolidation for two consecutive sessions following last week's strong rally.

US stocks concluded Monday nearly flat as market confidence declined following the downgrade of the government's pristine sovereign credit rating due to substantial debt levels.

Regional Asian equities increased for the first time in four sessions. The US currency remained stable on Tuesday following a week of decline.

Gold prices decreased on Tuesday, as strengthening dollar and positive developments regarding potential Russia-Ukraine peace negotiations reduced safe-haven appeal.

Crude prices moved higher on Tuesday amid possible collapse of US-Iran nuclear programme discussions and reduced likelihood of additional Iranian oil entering global markets .

Foreign portfolio investors purchased net shares worth Rs 526 crore on Monday. Domestic institutional investors acquired net positions worth Rs 238 crore.

Foreign institutional investors' futures market position remained relatively unchanged from Rs 23,325 crore on Friday to net short of Rs 23,498 crore on Monday.
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