The MCX –SX November futures traded at 46.28 at 9:26 am on Wednesday morning. Most of the Asian Share markets were higher this morning.
November futures closed weaker on Tuesday as the dollar strengthened against major currencies yesterday.
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The BSE Sensex moved higher by 18 points to end at 17050 on Tuesday.
U.S. stocks gained for a third day, yesterday as a rebound in metal prices boosted commodity producers, overshadowing a smaller-than-forecast increase in industrial production.
The Dollar Index rose for the first time in three days and Treasury 30-year bonds climbed for a fourth day. The Dow Jones Industrial Average advanced 30.46 points, or 0.3 percent, to 10,437.42, also a 13-month high.
The Dollar advanced after the Federal Reserve Chairman Ben Bernanke stated that the Fed would monitor the sliding Dollar.
