Sensex, Nifty turn choppy amid weak global cues
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday, tracking weak cues from global equities amid concerns of a global economic slowdown.
Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday, tracking weak cues from global equities amid concerns of a global economic slowdown.
The 30-share index was trading 23.52 points, or 0.06 per cent, higher at 39,710.02 at 0930 hours. Similarly, the broader Nifty was quoting 8.70 points, or 0.07 per cent, up at 11,874.30.
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In the previous session Monday, the BSE gauge settled with 291.86 points, or 0.74 per cent, gains at 39,686.50, and the Nifty advanced 76.75 points, or 0.65 per cent, to end at 11,865.60.
On the currency front, the Indian rupee depreciated 9 paise to 69.03 against the US dollar.
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Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 426.53 crore, while domestic institutional investors sold shares to the tune of Rs 50.99 crore, provisional data available with stock exchanges showed Monday. (PTI)