Sensex Opens Flat As Global Markets Tentative Ahead Of US Fed Meet

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Benchmark indices opened the day higher even as global cues were quiet as markets awaited the outcome of the US Fed meet later during the week.

    Most Asian markets were trading with a negative bias and Indian markets were higher after a solid IIP number that was reported on Friday.

     Sensex Opens Flat As Global Markets Tentative Ahead Of US Fed Meet
    Indices
    The Sensex was trading with gains of 30 points, while the Nifty was trading with gain of 9. Banking stocks were seeing some early losses led by ICICI Bank and Yes Bank.
     

    Check Sensex gainers and losers

    Oil and gas stocks were seeing good traction in trade with BPCL and Gail among the early gainers. Tata Motors was up after reports that the company may see a growth of 10-15 per cent in commercial vehicle sales.

    JK Tyre was down almost 2 per cent after reports of an acquisition of Kesoram's Tyre unit. Kesoram shares on the other hand jumped after the reported sale to J K Tyre.

    L&T Finance Holdings was up 4 per cent after reports that Bain Capital was set to announce the acquisition of a stake in the company.

    Mid cap stocks were seeing good buying support in trade with stocks like Concor and Reliance Capital among the gainers.

    Meanwhile, markets across Asia were trading mostly flat with a slight negative bias. The Shanghai Composite was once again seeing sharp losses, while the Japanese Nikkei was also down in trade.

    GoodReturns.in

    Read more about: sensex nifty icici bank yes bank
    Story first published: Monday, September 14, 2015, 9:34 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more