Nifty crosses 8,750-mark; Rupee opens at 3-week high

Domestic markets on Tuesday regained due to positive global cues and amid US Presidential debate.

At 0918 hours the BSE Sensex was trading at 28,394.32, up 100 points, or 0.35%. While NSE Nifty was at 8,764.55, up 41.50 points, or 0.48%.

On 30-share benchmark, among the top gainers were Adani Ports & Special Economic Zone (1.11%), Tata Steel (0.88%), Tata Motors (0.88%), Tata Consaltancy Services (0.87%) and Bajaj Auto (0.84%). Among losers were HDFC (-0.41%), Bharti Airtel (-0.33%), ICICI Bank (-0.21%) and NTPC (-0.03%).

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The Indian Rupee opened higher by 7 paise, touching 3-week high at 66.53 per dollar against previous close of 66.60.

On the global front, Asian shares recouped early losses and the dollar edged away from a one-month trough against the yen, suggesting investors judged Democrat Hillary Clinton was winning her debate against Republican Donald Trump, a Reuters report said.

Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for US foreign policy, trade and the domestic economy.

Japan's Nikkei more than halved its losses to be down 0.4%, while the dollar edged up to 100.74 yen from a low of around 100.08, said the report.