BSE Sensex, Nifty 50 Flat In Opening Trade.
On Friday, the Indian equity benchmark indices, BSE Sensex and Nifty50, flared flat in trade.BSE Sensex was around 82,800, and Nifty 50 was above 25,350. BSE Sensex was trading at 82,873.23 down by 89 points or 0.11 %. Nifty 50 was at 25,363.90, down by 25 points or 0.098%. The market is to maintain its ongoing acceleration due to restorative buying by Foreign Institutional Investors (FIIs) and resumed retail participation during every dip. In the global markets, S&P 500 futures remained steady, while Hang Seng futures ascended 0.2% and S&P/ASX 200 futures climbed 0.6%. Oil prices sweetened on Friday, extending gains triggered by creation convulsions in the U.S. Gulf of Mexico due to Hurricane Francine. Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per firkin, while U.S. West Texas Intermediate (WTI) crude fortunes increased by 38 cents, or 0.6%, to $69.35 a barrel. Several stocks are under the F&O ban on Friday, including Balrampur Chini Mills, Hindustan Copper, RBL Bank, Chambal Fertilisers, Bandhan Bank, Aarti Industries, and granules. These securities 2c
rossed 95% of the market-wide position limit. The euro was little changed at $1.1076, the Japanese yen increased by 0.1% to 141.64 per dollar, the offshore yuan remained stable at 7.1185 per dollar, and the Australian dollar was untouched at $0.6725. Foreign portfolio investors became net, buyers Rs 7,695 crore on Thursday, while tamed institutional investors sold shares worth Rs 1,800 crore. On Wednesday, the net long position of Foreign Institutional Investors (FIIs) was Rs 1.51 lakh crore, who increased to Rs 1.9 lakh crore on Thursday.
