Here's how the Markets opened today

The Nifty had a flat start on Tuesday as traders grappled with a mixed set of overseas cues which included a 2 percent devaluation of the Yuan by the Chinese government. Infosys and State Bank of India were in heavy demand on the Index.

The Nifty fell 16 points to 8,509 in early deals. The Advance-Decline Ratio was at 19/31 with State Bank of India, Vedanta, Infosys, Punjab National Bank and Bank of Baroda being the top five gainers. Metals remained under pressure on fears of accelerated Chinese dumping, therefore, Tata Steel and NMDC led the top losers with Asian Paints, BPCL and BHEL also figuring on the loser's list on the Index.

Major indices were painted with a light shade of red. The CNX 100, CNX 200 and CNX 500 Indexes showed bit losses early deals. The Bank Nifty fell 8 points in initial trades. Sectoral indices such as CNX Energy, CNX Finance and CNX FMCG Indices slipped in trade as well on the National Stock Exchange. The CNX PSU Bank Index was the lone gainer in the sectoral indices space.

And on the Bombay Stock Exchange, the Sensex fell 47 points to 28,055 points in initial trades on Tuesday. As a consequence, the Advance-Decline Ratio stood at 10/20. Hindalco, Tata Steel and BHEL lost ground on the Index while Infosys, Maruti, TCS and Dr. Reddy's were major gainers.

The Futures and Options market was also on the backfoot with Jindal Steel, UPL, Britannia and Biocon showing smart uptrend versus Jain Irrigation, Sun TV, Ceat and Engineers India that fell. The Advance-Decline Ratio, meanwhile, stood at 67/91.
The broader market, too, was dominated by the bulls in the first half hour of trade with 895 shares rising compared with 387 that fell.

Alicon Castalloys, Britannia and Maruti struck fresh highs in the first 20 minutes of trade and eClerx, Ashiana Housing and Seamec Ltd. figured in the list of volume buzzers on the NSE.
Image credit: Indiatimes