Indian markets were trading in a narrow range on Tuesday offering buying an selling opportunities to the traders and investors. Indian frontline indices S&P BSE Sensex and NSE Nifty50 were trading positive around 12 pm.

While Sensex was trading at 60,647.37, up 81 points or 0.13 per cent, the broader market Nifty50 was trading at 18,044.80, higher by 30 points or 0.17 per cent. Banking gauge Nifty Bank was trading a 42,540.65, up by 89 points or 0.21 per cent.

In the 50-stock Nifty, 30 stocks advanced around this time, 19 declined while 1 remained unchanged. The top gainers were Tata Motors, Hindalco Industries, ONGC, Tata Steel and JSW Steel while top losers were Hindustan Unilever, HDFC Bank, BPCL, Britannia Industries and Indusind Bank.

Rupee fell 8 paise against the USD to open at 82.73. USDINR December futures were trading at 82.7825 on the BSE, up 0.09 or 0.11 per cent. .0 +19.0 +0.11%

Singapore-based SGX Nifty was trading at 18,048, up 19 points or 0.11 per cent shedding early morning gains Dow 30 Futures were trading at 33,350.20, up 173 points or 0.52 per cent.

Asian benchmark indices were also trading in the green with Japan’s Nikkei 225 trading at 26,447.90, up by 42 points or 0.16 per cent while Shanghai Composite was trading higher by 27 points or 0.91 per cent at 3,093.32. Mood remains upbeat as China relaxes Covid-19 restrictions as the country cancels quarantine rules for travelers. The infection has been downgraded to Category A and Category B. New rules will come into effect from 8 January 2023.

Markets in Hong Kong, UK, Australia and Canada are closed today while US markets will open for trading on Tuesday.

Crude oil is strengthening and crude oil futures are trading around USD 87 and are up over 2 per cent. Natural gas and metal prices are also seeing an uptick on news of reopening in China.Catch all the LIVE action from the stock markets here. For all other news related to business, politics, sports, tech, auto and others, visit Zee Business.com.