Sensex, Nifty start on a cautious note
Domestic equity benchmarks opened on a flat note Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global cues.
Mumbai: Domestic equity benchmarks opened on a flat note Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global cues.
The BSE Sensex was trading 35.69 points or 0.09 per cent higher at 38,736.22. The gauge had ended 161.70 points lower at 38,700.53 in the previous session.
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Similarly, the NSE benchmark Nifty was trading 5.65 points, or 0.05 per cent, higher at 11,598.85 in early session.
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Meanwhile, the rupee depreciated by 8 paise to 69.73 against the US dollar in early trade Tuesday on increased demand for the US currency from importers.
Brent crude futures, the global oil benchmark, fell 0.13 per cent to trade at USD 71.19 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading flat. (PTI)