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Indian Stock Market Tips; Indian Equities Markets Open Flat
Indian equities markets opened on a flat note on Monday, even as healthy buying was witnessed in oil and gas, energy, and consumer durables sectors. The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 5.80 points or 0.06 per cent to 8,945.30 points. The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,910.50 points, traded at 28,928.87 points (at 9.30 a.m) -- up 35.90 points or 0.12%, from the previous close at 28,892.97 points. The Sensex has so far touched a high of 28,931.53 points and a low of 28,812.88 points during the intra-day trade.
The BSE market breadth was tilted in favour of the bulls with 1,008 advances and 548 declines. On February 23, the benchmark indices closed on a flat-to-positive note as inflow of foreign funds and rupee appreciation buoyed investors' sentiments. The NSE Nifty rose by 12.60 points or 0.14% to close at 8,939.50 points, and the BSE Sensex was up 28.26 points or 0.10% at 28,892.97 points.