Chennai, India (BBN) – The Sensex and Nifty opened the session on a flat note owing to profit-booking by funds and retail investors amid weak Asian cues.
At 9.15 a.m., the 30-share BSE index Sensex was up 23.04 points at 33,365.84 and the 50-share NSE index Nifty was down 10.05 points at 10,283.60, reports The Hindu Business Line.
Asian shares started the week on the back foot on Monday, pressured by a retreat on Wall Street amid tax reform uncertainty while the euro skidded after German coalition talks hit an impasse.
MSCI’s broadest index of Asia-Pacific shares outside Japan was nearly flat in early trade. Australian shares were down 0.2 per cent, while Japan’s Nikkei stock average was 0.1 per cent lower.
On Friday, the Dow Jones Industrial Average shed 0.4 per cent, the S&P 500 lost 0.3 per cent and the Nasdaq Composite was down 0.2 per cent.