Photo: The Hindu Business Line
Mumbai, India (BBN) - The Sensex and Nifty were trading flat as investors remained cautious ahead of key economic numbers — industrial production (IIP) data for February and consumer inflation for March due to be released on Wednesday.
A mixed trend in Asia had a bearing too, reports The Hindu Business Line.
Domestic sentiment was also subdued ahead of Infosys' fourth quarter results on Thursday.
At 10:15am, the 30-share BSE index Sensex was up 34.9 points or 0.12 per cent at 29,741.51 and the 50-share NSE index Nifty was up 9.4 points or 0.1 per cent at 9,207.70.
Barring realty, all other BSE sectoral indices were trading in the green.
Among them, oil & gas index gained the most by 1.23 per cent, followed by oil & gas 0.7 per cent, metal 0.65 per cent and capital goods 0.59 per cent, while realty index was down 0.49 per cent.
Top five Sensex gainers were Coal India (+1.32 per cent), Axis Bank (+1.09 per cent), Tata Motors (+0.79 per cent), TCS (+0.67 per cent) and Wipro (+0.64 per cent), while the major losers were HDFC (-0.98 per cent), Asian Paints (-0.74 per cent), Hero MotoCorp (-0.52 per cent), HUL (-0.48 per cent) and Lupin (-0.41 per cent).
EARLY TRADE
The 30-share index gained 124.71 points or 0.41 per cent to 29,831.32.
The gauge had fallen 267.63 points in the previous two sessions.
The NSE Nifty-50 index was up 27.35 points or 0.29 per cent at 9,225.65.
ASIAN MARKETS
Asian stocks started the week on a cautious footing on Monday as increased geopolitical risks prompted investors to favour safe-haven bets such as government debt while the dollar benefited from comments from a US central banker.
MSCI's broadest index of Asia-Pacific shares outside Japan was broadly flat after declining 0.4 per cent on Friday.
Korea was down 0.5 per cent while Australia was up by 0.4 per cent.
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