Guwahati: The Indian equities market, which began on Tuesday with losses, has recovered much of them and is trading flat on the first trading day.

At 10 a.m., the 30-share Bombay Stock Exchange (BSE) was trading at 54,574, up 54 points, while the Nifty was trading at 16,294 up 16 points.

Asian stocks fell on Tuesday, mirroring overnight losses on Wall Street, and the dollar remained near last week's high, but traders' primary attention was on upcoming central bank meetings and the start of the U.S. earnings season.

Domestic firms that will report quarterly profits today include Hindustan Unilever, HDFC Life Insurance, Ambuja Cements, ICICI Lombard General Insurance, AU Small Finance Bank, Polycab India, and Hatsun Agro Product, L&T Finance Holdings, and DCM Shriram.

In intra-day spot trading on Monday, the rupee fell to a low of 80 versus the US dollar before closing 16 paise down at 79.98, owing to a spike in crude oil prices and continuous foreign investment outflows.