Cipla, ONGC, Tata Motors, GAIL, NTPC, Tech Mahindra, Bharti Infratel, Aurobindo Pharma and Grasim were early gainers while ITC, Bajaj Auto, Infosys, Sun Pharma, Reliance Industries, BPCL and Hindalco were losers.
The Indian rupee opened marginally lower at 66.74 per dollar today against previous close of 66.70. Bhaskar Panda of HDFC Bank says US pending home sales data for January was disappointing.
The markets are also awaiting details of President Trump's tax related declarations. As a result, the dollar index has been below the 101 mark. The USD-INR pair is expected to trade within a range of 66.60-66.80/dollar, he feels.
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