Domestic equity markets opened flat on Wednesday tracking SGX Nifty and Asian markets. Sensex opened 0.13 per cent up at 26,966.86. (Photo: PTI)
9.19 am: The BSE Sensex was down 0.15 per cent at 26,893. The 50-share index was down 0.19 per cent at 8,137. Tata Steel, ICICI Bank and ACC were down over 1.30 per cent each in the morning trade.
Domestic equity markets opened flat on Wednesday tracking SGX Nifty and Asian markets. Sensex opened 0.13 per cent up at 26,966.86. Nifty opened 6.7 points down at 8,146.20.
In the 30-share index, ONGC and Vedanta were up 2.73 per cent and 1.23 per cent in the opening trade.
Asian stock markets were mostly higher Wednesday, taking in stride the IMF’s lower global growth forecast, while Japan traded cautiously as its central bank left monetary policy unchanged.
Back home, Sensex and Nifty gained 0.55 per cent and 0.41 per cent, respectively, on Tuesday.
Jayant Manglik, president, retail distribution, Religare Securities, said, “Sentiments were upbeat on Tuesday from the beginning in response strong global cues, which later gained strength from the statements made by the Finance Minister and the Prime Minister, sharing their view on growth rate and rollout of major reforms like GST as planned. It was mixed session on sectoral front with consumer durables and FMCG topping the chart while IT pack ended in red.”
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