Key Indian Equity Market Indices Open Flat


MUMBAI: Ahead of exit polls data of assembly elections in five states, the key Indian equity market indices opened flat on Thursday.

The Sensitive Index (Sensex) of the BSE, which had closed at 28,901.94 points on Wednesday, opened marginally higher at 28, 909.70 points.

Minutes into trading, it was quoting at 28,852.72 points, down by 49.22 points, or 0.17 pct.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 8,924.30 points, was quoting at 8,911.55 points, down by 12.75 points or 0.14 pct.

On Wednesday investors remained cautious ahead of assembly election results and the outcome of the European Central Bank (ECB) monetary policy review.

Subdued investors' sentiment along with a marginally weak rupee and heavy selling pressure witnessed in metal, oil and gas, and automobile stocks pulled the Indian equity markets' indices down. 

The Sensex was down by 97.62 points or 0.34 pct at the Wednesday's closing. In the day's trade, the barometer 30-scrip sensitive index had touched a high of 29,022.32 points and a low of 28,815.48 points. 

The Nifty, too was down by 22.60 points or 0.25 pct.

On Thursday, Asian indices were showing a mixed trend. Japan's Nikkei 225 was trading in green, up by 0.15 pct, Hang Seng down by 0.93 pct while South Korea's Kospi was in red, down by 0.05 pct. 

China's Shanghai Composite index was quoting in red, down by 0.86 pct.

On a flat note, Nasdaq closed in green, up by 0.06 pct while FTSE 100 was down by 0.06 pct at the closing on Wednesday.

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Source: IANS