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Sensex, Nifty start on a cautious note
Market benchmarks Sensex and Nifty opened on a cautious note on Thursday tracking tepid cues from global markets and foreign fund outflow.
Mumbai: Market benchmarks Sensex and Nifty opened on a cautious note on Thursday tracking tepid cues from global markets and foreign fund outflow.
After dropping over 100 points in opening session, the 30-share barometer was trading 64.26 points, or 0.16 per cent, lower at 41,258.74. Similarly, the NSE Nifty was trading down by 8.90 points, or 0.07 per cent, at 12,117.
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In the previous session, the Sensex settled at 41,323, clocking a gain of 428.62 points or 1.05 per cent, and Nifty shot up 133.40 points or 1.11 per cent to close at 12,125.90.
Bourses in Shanghai and Tokyo were trading on a positive note, while those in Seoul and Hong Kong slipped in the red. Brent crude oil futures rose 0.07 per cent to USD 59.16 per barrel.
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The rupee depreciated 20 paise to 71.74 against the US dollar in morning session.(PTI)