Markets trading flat as investors turn cautious

NEW DELHI: On Tuesday, the fairness markets once again were cautious ahead of GDP figures, slated to be relesed on November 30.


30-share BSE Sensex opened with a nominal gain of two.21 points on 33,726.65 while the broader 50-share NSE Nifty lost 11.65 points to begin trading on 10,387.90. An hour into the trading, both the benchmark indices were absolutely flat as Sensex and Nifty were consolidating around psychological marks of 33,700 and 10,400 respectively.


Investors could be hoping that an advanced GDP rate acts as the fresh cause for the Street which is able to propel Sensex to the elusive 34,000-mark.


In Tuesday's early trade, all sectors rather than FMCG, IT and PSU banks were trading in the inexperienced. IndusInd Bank, Tata Steel and HDFC Bank were the foremost gainers while ONGC, PowerGrid and NTPC were losing the most.



Markets trading flat as investors turn cautious Markets trading flat as investors turn cautious Reviewed by Kailash on November 28, 2017 Rating: 5
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