Sensex, Nifty
open flat; IT, metal stocks in focus
Market Opens: It is a flat start for the Indian indices with
Nifty below 11,500 level.
The Sensex is up
9.74 points at 38373.21, while Nifty is up 0.90 points at 11533.30. About 391
shares have advanced, 235 shares declined, and 41 shares are unchanged.
Vedanta, Infosys,
L&T, TCS and Axis Bank are the top gainers on the Sensex.
Wall Street ends flat: The benchmark S&P 500 index ended little changed on
Tuesday as investor optimism regarding the Federal Reserve's expected
affirmation of its dovish policy stance was offset by reports of fault lines
emerging in ongoing US-China trade negotiations.
SGX Nifty:
Trends on SGX Nifty indicate a flat opening for the broader indices in India, a
fall of 9.5 points or 0.08 percent. Nifty futures were trading around
11,566.50-level on the Singaporean Exchange.
Asian markets trade mixed: Asian shares got off to a cautious start on Wednesday, holding close
to six-month highs on hopes the US Federal Reserve will stick to a dovish
stance and unveil a plan to stop cutting bond holdings later this year.
Rupee Opens: The Indian rupee opened lower by 8 paise at 69.05
per dollar on Wednesday versus Tuesday's close 68.97.
Stocks
in the News: DLF, Centrum Capital, Fortis, Newgen
Software, Muthoot Capital
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