Forex traders said, the domestic unit was trading in a narrow range as investors are trading cautiously ahead of the RBI policy decision.
The 30-share BSE Sensex was trading higher by 84.17 points at 40,934.46 in n opening deals.
Sectorally, BSE metal index rose the most by 1.66 per cent, followed by bankex and IT indices.
On the Multi Commodity Exchange, gold contracts for February next year traded higher by Rs 83, or 0.22 per cent, at Rs 38,410 per 10 gram.
Forex traders said, the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday.
The 30-share BSE Sensex was down 119.42 points or 0.29 per cent to 40,556.03 in early deals.
The following are the views of a number of market participants on what happens if the tariffs on China kick in Dec. 15.
Banking stocks saw selling pressure as investors took a cautious stance ahead of the RBI monetary policy meet outcome this Friday.
Interim stay follows appeal by Bajaj Finance & private banks.
The 30-share BSE gauge settled at 40,675.45, down 0.31 per cent or 126.72 points.