The NSE Nifty50 index which opened near 10,860.95 at previous trading session closed on a flat note near 10,847.90, 3.25 points up. On the other hand, the BSE-SENSEX closed at 36,644.42, 80.32 points down.
After a range bound trade, the indices of domestic market closed on a mixed note as investors remain cautious in the absence of positive news. The shares of banks and financial majors weighed on the sentiment after the RBI made it mandatory for the banks to link all new floating-rate loans to specified external benchmarks.
Global Update: The strong economic data and expectations of a de-escalation in trade tension resulted in the rise of major indices of Wall Street.
Taking cues from global sentiment and trend on SGX Nifty, it is expected to see a positive opening in today’s trading session.