Indian equities open flat

Image
IANS Mumbai
Last Updated : Jun 02 2016 | 10:13 AM IST

The key Indian equity market indices opened flat on Thursday taking a cue from global markets.

The sensitive index (Sensex) of the BSE, which had closed at 26,713.93 points on Wednesday, opened at 26,694.28 points, some minutes after, it was trading at 26720.26 points with a gain of 6.33 points.

At the National Stock Exchange, the 51-scrip Nifty opened at 8,176.70 points against the earlier close at 8179.95 points. This index, some minutes later, was ruling at 8,183.10 with a gain of 3.15 points.

Asian indices Nikkei, Hang Seng and Shanghai were in red by 2.29 percent, 0.05 percent and 0.07 percent, respectively, in the morning trade.

The US markets closed higher on Wednesday, as investors cheered on the positive aspects of the US economy.

"Oil prices were steady on Thursday on mixed market signals ahead of an OPEC meeting in Viennaa. Attention will be on the water level in major reservoirs. IMD data on rainfall is also awaited," said IIFL in its opening bell report.

--IANS

bdc/pgh/

*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

More From This Section

First Published: Jun 02 2016 | 10:02 AM IST

Next Story