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Share market updates: Sensex up 300 points, Nifty near 10,800; Yes Bank, Wipro among top gainers

Market Opens Equity benchmarks have begun higher on Tuesday morning, with the Nifty trading near 10,780. The Sensex is up 145.79 points or 0.41% at 35999.35, while the Nifty is higher by 47.20 points or 0.44% at 10784.80. The market breadth is positive as 265 shares advanced, against a decline of 70 shares, while 20 shares were unchanged.



All sectoral indices traded in the green, with maximum gains seen among banks, energy, and IT names. The Nifty Midcap index is in tandem with benchmarks. Hero MotoCorp, Infosys, Wipro and Zee Entertainment are the top gainers, while HCL Tech, Bharti Airtel, and GAIL lost the most. 

Rupee opens higher at 70.75 per US dollar; 10-year government bond yields rise
The Indian rupee opened higher by 18 paise at 70.75 per US dollar on Tuesday, a day after the domestic currency closed about one-month low amid continued foreign fund outflows and weak domestic equity markets. On Monday, the domestic unit fell as much as 43 paise to close at 70.93 against the US dollar.

Gold prices steady as dollar gains on fears of an economic slowdown
Gold prices were steady on Tuesday, pressured by a firm dollar on the back of concerns over slowing global growth, but well supported by expectations the U.S. Federal Reserve could refrain from raising interest rates this year.  Spot gold was flat at $1,291.24 per ounce at 0114 GMT. 

Yes Bank Extends Gains, Trades Above Rs 200
Shares of Yes Bank extended gains for the second day and rose as much as 3.6 per cent to trade above Rs 200 for the first time since Nov. 22.

Crude Update: Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains.

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