Mumbai, March 13 (IANS). The Indian equity benchmark index opened in green mark on Thursday amid mixed global signals. In early trade, shopping was seen in Financial Service and PSU Bank sector.
At around 9.31 am, the Sensex was trading at 61.17 points or 0.08 percent to 74,090.93, while the Nifty was 2.15 points or 0.01 percent to 22,472.65.
The Nifty Bank rose 113.10 points or 0.24 percent to 48,169.75. The Nifty Midcap 100 index was trading at 48,436.80 after a decline of 49.80 points or 0.10 percent. The Nifty Smallcap 100 index was at 14,981.45 after 62.90 points or 0.42 percent.
According to those who monitor the market, the Indian equity markets were expected to open flat or slightly rapidly, as indicated by the gift Nifty, trading around 22,570 in early trade.
Hardik Matalia of Choice Broking said, “This reveals alert market sentiment affected by global signals and the absence of strong domestic triggers. Investors will closely monitor global trends, crude oil prices and institutional flows to detect market direction.”
Meanwhile, the Sensex pack consisted of IndusInd Bank, Tata Steel, Zomato, Bajaj Finserv, ICICI Bank, Tech Mahindra, Infosys and SBI Top Gainers. Whereas, Hindustan Unilever Limited, Sun Pharma, Tata Motors, UltraTech Cement and Asian Paints were the top losis.
According to experts, traders are advised to take precautions and wait until the price action is confirmed at the critical level before starting the new deal.
In the previous trading session in the US markets, Dow Jones fell 0.20 percent to close at 41,350.93. The S&P 500 index rose 0.49 percent to 5,599.30 and Nasdaq climbed 1.22 percent to close at 17,648.45.
Bangkok, Japan, Sol and Jakarta were trading in the green mark in Asian markets. While China and Hong Kong were trading in red mark.
Foreign institutional investors (FIIs) sold shares worth Rs 1,627.61 crore on March 12, while domestic institutional investors (DIIs) bought shares worth Rs 1,510.35 crore on the same day.
-IANS
SKT/KR
