The Indian stock market opened on a flat note on Thursday after the US Federal Reserve kept interest rates unchanged. The BSE Sensex opened 22.44 points higher at 73,268.47, while the Nifty 50 fell 8.20 points to 22,690.65. Investors also assessed ongoing geopolitical tensions while many broader market indices gained.
The Indian stock market opened on a flat note on Thursday, following mixed global market cues, after the US Federal Reserve kept the interest rate unchanged, while investors also assessed the ongoing geopolitical tensions in the Middle East.
The BSE Sensex opened 22.44 points, or 0.03%, higher at 73,268.47, while the Nifty 50 opened at 22,690.65, down by 8.20 points, or 0.04%. The Bank Nifty opened 91.80 points, or 0.17%, lower at 54,175.60.
Broader markets gained, as the Nifty Smallcap 100 and the Nifty Midcap 100 indices traded 0.3% higher each.
Among sectors, gains were seen in Nifty IT, Nifty FMCG, Nifty PSU Bank and Nifty Realty indices, while Nifty Metals and Nifty Private Bank saw selling.