Mumbai, Nov 14 (PTI) The Sensex tested the 33,000 level

in opening trade today after some value-buying in select

stocks despite retail inflation rising to 7-month high in


The rupee’s modest recovery against the dollar and a

mixed global trend were the other deciders.

Retail or CPI inflation rose to 7-month high of 3.58 per

cent in October, driven up by costlier food items,

particularly vegetables.

The rupee was trading higher by 13 paise to 65.29 against

the American currency at the forex market today.

The 30-share barometer bounced by 81.98 points, or 0.25

per cent, to 33,115.54. Auto, power, consumer durables, FMCG

and realty jumped by up to 0.52 per cent.

The gauge had lost 281 points in the previous session.

The NSE index Nifty too was trading higher by 21.70

points, or 0.21 per cent, at 10,246.65.

The big gainers included NTPC, Reliance Industries, M&M,

Kotak Bank, Maruti Suzuki and Lupin, adding up to 1.61 per


Japan’s Nikkei rose 0.27 per cent and Hong Kong’s Hang

Seng 0.19 per cent in early trade. China’s Shanghai Composite,

however, shed 0.38 per cent.

The US Dow Jones Industrial Average had closed 0.07 per

cent higher yesterday.

This is published unedited from the PTI feed.