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Market today | Equities open flat ahead of RBI policy review outcome

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 4 Oct 2017 3:30 AM GMT

Market today | Equities open flat ahead of RBI policy review outcome
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Global cues, caution ahead of macro-data subdues key indices
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Mumbai: Key Indian equity indices opened on a flat note on Wednesday as investors remained cautious ahead of the monetary policy review outcome of the Reserve Bank of India due later during the day.

Around 9.17 a.m., the wider Nifty50 of the National Stock Exchange (NSE) rose mere 4.05 points, or 0.04 per cent, to trade at 9,863.55 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,522.17 points, traded at 31,488.77 -- down 8.61 points, or 0.03 per cent.

The Sensex has so far touched a high of 31,541.54 points and a low of 31,476.20 points.

Also Read: Demonetisation is a bold step; so is Suicide, says Arun Shourie

On Tuesday, the benchmark indices surged to close on a higher note as positive global cues, coupled with healthy buying in automobile, consumer durables, and oil and gas stocks, lifted investors' sentiments.

The Nifty 50 rose by 70.90 points, or 0.72 per cent, to close at 9,859.50 points, while the Sensex closed at 31,497.38 points -- up 213.66 points, or 0.68 per cent.

--IANS

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

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