 "Markets turn flat after weak opening; Asia weak")
Markets have turned flat after making a negative opening tracking weak Asian cues.
By 9:20, the Sensex was down by 3 points at 19,785 mark and the Nifty declined by 5 points at 5,847 levels.
Market will also react to better-than-expected July factory output data and slowing August retail inflation data which were released after market hours on Thursday, 12 September 2013.
The Fed is expected to reduce its $85 billion a month bond-buying programme at its two-day policy meeting ending on Sept 18.
By 9:20, the Sensex was down by 3 points at 19,785 mark and the Nifty declined by 5 points at 5,847 levels.
Market will also react to better-than-expected July factory output data and slowing August retail inflation data which were released after market hours on Thursday, 12 September 2013.
Also Read
On the global front, Asian shares slipped on Friday and the dollar held to overnight losses against the yen as investors fretted not whether but by how much the US Federal Reserve will cut its monthly stimulus at next week's monetary meeting.
The Fed is expected to reduce its $85 billion a month bond-buying programme at its two-day policy meeting ending on Sept 18.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%