Photo: The Hindu
Chennai, India (BBN) - The Sensex and Nifty opened the session on a flat note owing to negative global cues.
At 9.15 a.m., the 30-share BSE index Sensex was up 82.85 points at 33.397.41 against the previous close of 33,314.56 and the 50-share NSE index Nifty was flat at 10,321.75, reports The Hindu Business Line.
Asian shares stepped back in cautious early trade on Monday as investors look to see whether US Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership.
MSCI’s broadest index of Asia–Pacific shares outside Japan dipped 0.15 per cent while Tokyo’s benchmark Nikkei dropped 0.7 per cent.
By Friday's close on Wall Street, the S&P 500 index had snapped an eight-week winning streak as investors took profits after US Senate Republicans had unveiled a new tax plan that differed from the House of Representatives' version.
BBN/MMI/ANS