Markets Start Flat Despite Strong Global Cues


Business

oi-Roshni Agarwal

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Indian indices on the back of weak Asian markets opened on a cautious note but then hit new record highs on FPI inflow as well as RBI’s strong growth forecast. Sensex hit new high of 45272 while Nifty reached 13318 levels.

Nifty Hits New Record High On FPI Inflow, RBI Forecast

Nifty Hits New Record High On FPI Inflow, RBI Forecast

Among early gainers in trade today are ONGC, Adani Ports, GAIL, Infosys and ICICI Bank while laggards are HDFC Bank, HDFC, Titan Company, Divis Labs and Power Grid.

The NSE has revised circuit filter limits for as many as 302 stocks with effect from today.

Among the stocks that saw revision in circuit filter limits are Adani Gas, Angel Broking, Arvind Fashions, Central Bank of India, Emkay Global, SH Kelkar and Company and Snowman Logistics has been revised to 20 per cent.

Meanwhile, Asian indices are trading weak with Hang Seng, Nikkei and Straits Times all in the red at the time of writing this copy. This was after reports suggest that the US was preparing to impose sanctions.

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