Sensex, Nifty Remain Flat; Broader Markets Down
Indian stock markets began the day on a weak note, shedding its opening gains.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which belled the day at 19,279.77, stood at 19,262.13, up 38 points (0.2%) as against its last closure at 19,224.12 points.
The BSE Sensex climbed up to 19,431.56 shortly after opening bell.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty remained up by 0.19% to trade at 5,774.
Broader market indices also remained in the negative terrain, with the BSE madcap index trading 0.6% lower and the BSE small cap index trading 0.42% down.
On Monday, the BSE Sensex ended the day at 19,224.12, down 467.69 points (2.38%) as against its last closure at 19,691.81.
During the last two trading sessions, the Sensex declined around 1,000 points as worries persist of a rate increase by the central banking institution to control growing inflation.
The Nifty shut the shop at 5,762.85 points after shedding 141.75 points.
Real estate, capital goods, and consumer durables scrips topped the losing charts on Monday.
All 13 sectoral indices on the BSE ended in the red.