Sensex and Nifty open nearly flat as crude prices offset bank gains
India’s stock benchmarks opened largely flat, with elevated crude prices offsetting support from banking stocks and recent gains.
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04:22:14 AM UTC
SquawkNews
Markets opened cautiously on Monday, with the BSE Sensex and NSE Nifty 50 trading marginally lower as elevated crude oil prices and unresolved tensions around the Strait of Hormuz weighed on sentiment, even as strong private bank earnings and a reversal in foreign institutional flows offered partia…
Mumbai, Oct. 19 -- The stock markets in the country opened largely flat on Monday as elevated crude oil prices amid escalating tensions in the Strait of Hormuz offset support from recent gains in the market and positive corporate earnings.The NSE Nifty 50 index opened at 23,150.85, up 4.70 points o…