Dynamite News Sensex, Nifty start on a cautious note
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a cautious note Monday amid weak cues from other Asian markets and rising crude prices.
Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a cautious note Monday amid weak cues from other Asian markets and rising crude prices.
The 30-share index was trading 50.59 points, or 0.13 per cent, higher at 39,245.08 at 0930 hours. Similarly, the broader NSE Nifty was quoting 5.55 points, or 0.05 per cent, up at 11,729.65.
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In the previous session Friday, the BSE gauge settled 407.14 points, or 1.03 per cent, lower at 39,194.49, and the broader NSE Nifty tumbled 107.65 points, or 0.91 per cent, to 11,724.10. On the currency front, the Indian rupee was trading almost flat at 69.57 against the US dollar.
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Meanwhile, on a net basis, foreign institutional investors sold equity worth Rs 730.58 crore, while domestic institutional investors purchased shares to the tune of Rs 445.75 crore, provisional data available with stock exchanges showed Friday. (ANI)