Sensex, Nifty Open Flat Amid Weak Global Cues; Broader Markets Edge Higher.
Equity benchmarks BSE Sensex and NSE Nifty50 opened Tuesday’s session on a subdued note, tracking mixed global signals.
The Sensex inched up 82 points, or 0.10%, to 81,355 in early trade, while the Nifty50 added 26 points, or 0.11%, to 24,906.
In the broader market, the Nifty MidCap and Nifty SmallCap indices gained 0.2% each, showing slightly stronger momentum than frontline peers.
Global Cues
Asian equities slipped, mirroring overnight weakness on Wall Street. Japan’s Nikkei 225 was down 0.14%, while South Korea’s KOSPI fell 0.54%.
In the US, major indices closed nearly flat as investors awaited key retail earnings and Federal Reserve Chair Jerome Powell’s comments at the upcoming Jackson Hole summit. The S&P 500 ended marginally lower, while the Dow Jones Industrial Average eased 0.07%.
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