Nifty, Sensex open flat, Experts expect Diwali festivities to cheer markets

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Key Points

Mumbai (Maharshtra) [India], October 17 (ANI): Indian stock markets on Thursday opened flat as the balancing by FIIs selling and DIIs buying continues...

The Nifty 50 index opened with a marginal gain of 0.22 per cent or 56.10 points at 25,027.40 points, while the BSE Sensex index opened with a gain of 0.31 per cent at 81,758.07 points, gaining 256.71 points...

Ajay Bagga, Banking and Market Expert told ANI that US markets remain in a See No Downside, Hear No Downside and Fear No Downside Mode..

In the sectoral indices on the National Stock Exchange, except Nifty Auto and Nifty Realty, all other indices opened in positive territory, with Nifty IT emerging as the leader in gains, surging 0.53 per cent in the opening session...

Today is the last day of Hyundai Motor Indias initial public offering (IPO), which received 42 percent subscription on the second day of bidding on October 16.. In India the consolidation around Nifty 25000 level is likely to be extended with bouts of FII selling and DII buying..

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