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Sensex, Nifty Seen Opening On Steady Note

(RTTNews) - Indian shares may open slightly higher on Tuesday as investors turn their focus to the latest batch of earnings. Indiabulls Housing Finance and South Indian Bank posted strong quarterly results while heavyweights Infosys and Hero MotoCorp will unveil their earnings later today.

Benchmark indexes Sensex and Nifty fluctuated on Monday before finishing slightly higher after the release of mixed economic readings.

Asian markets are moving up this morning and oil ticked higher amid rising tensions between the U.S. and Saudi Arabia over the disappearance of a prominent journalist, while the dollar held near two-week lows against major peers ahead of minutes from the Federal Reserve's latest policy meeting, due on Wednesday.

U.S. stocks ended firmly in the red overnight as data on retail sales and New York manufacturing activity painted a mixed picture of the world's largest economy.

The Dow slid 0.4 percent, the S&P 500 dropped 0.6 percent and the tech-heavy Nasdaq Composite shed 0.9 percent.

European markets ended Monday's session mostly higher despite rising geopolitical tensions and a significant impasse in Brexit talks over the issue of the Irish border.

The pan-European Stoxx Europe 600 index inched up 0.1 percent. The German DAX gained 0.8 percent and the U.K.'s FTSE 100 rose half a percent while France's CAC 40 index finished marginally lower.
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