Chennai, India (BBN) – The Sensex and Nifty opened the session on a flat note as traders remained wary ahead of key macroeconomic data to be published later this week.
Domestic sentiment was also hit as Asian shares stepped back from decade highs as Chinese stocks stumbled for a second straight session, while the US dollar trod water ahead of a crucial Senate vote on tax reform, reports The Hindu Business Line.
At 9.15 a.m., the 30-share BSE index Sensex was up 2.21 points at 33,726.65 and the 50-share NSE index Nifty was up 24.95 points at 10,399.55.
MSCI’s broadest index of Asia–Pacific shares outside Japan slipped 0.3 per cent from last week’s high of 570.21 points. It was on track to end November in the black.
The index has been on an uptrend most of this year, posting a monthly loss only once in 2017. Australian shares were flat while Japan’s Nikkei rose 0.2 per cent.
Wall Street had been mixed on Monday, with the S&P 500 off a touch, the Nasdaq losing 0.1 per cent and the Dow up 0.1 per cent.