Sensex, Nifty Open on Flat Note; Asian Paints & HDFC Bank Major Gainers

Mumbai: Benchmark indices opened on a flat note today. At 9:15 am, the Sensex is up 21.54 points or 0.05% at 41580.11, and the Nifty up 1.75 points or 0.01% at 12,223.40.

Major gainers on the Indices include M&M, Asian Paints, HDFC bank and Dr Reddy’s Lab, TCS, are among major gainers on the Indices, while Tata Steel & Power, IndusInd Bank, ICICI Bank and Bharti Airtel are the top losers.

Yesterday, Indian stock market continued to reap benefits from supportive global markets and strong inflow of foreign funds. The Sensex hit an all-time high of 41,615 while the Nifty touched a fresh high of 12,238 earlier in the day. Sensex closed 206.40 points higher at 41,558.57. The Nifty closed at 12,221.65, advancing by 56.65 points.

Asian shares pulled back from a one-and-a-half year peak on Thursday as investors booked profits ahead of holiday trade and awaited further data on the state of the global economy.

Investors were also watching proceedings in Washington where the Democrat-led US House of Representatives voted to impeach Republican U.S. President Donald Trump for abuse of power and obstruction of Congress.