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Nifty and Sensex open flat as market faces pressure from strong dollar

The Indian stock markets opened marginally higher on Tuesday as traders prepared for the Christmas holiday, but the outlook for a year-end rally continues to diminish due to ongoing market pressure. The Nifty 50 index opened at 23,769.10 points, with a slight gain of 15.65 points or 0.07 per cent. Similarly, the BSE Sensex opened at 78,707.37 points, marking a gain of 167.20 points or 0.21 per cent. However, the markets are grappling with consistent external pressures, making a sustained rally unlikely in the near term. Read More.