Equity benchmark indices opened flat in Thursday’s trade amid mixed global clues.
The Sensex was down 52 points at 36,160, while the Nifty slipped over 21 points at 10,833. The market breadth was positive with 845 shares advancing, 640 shares declining, and 558 remaining unchanged.
Shares of Ashok Leyland advanced 1% as the company bagged an order to provide buses to state transport corporations.
Shares of Vakrangee were trading 5% up on Thursday after the company provided updates on the Preliminary Findings of Ministry of Corporate Affairs, which stated that there were no irregularities over the auditor’s resignation and stock trading matters.
Delta Corp fell 2% on the NSE despite the company reporting better numbers for the quarter ended Q3FY19. The adjusted net profit (attributable to the shareholders) increased by 12.9% yoy to Rs50.53cr during Q3FY19.
TCS is trading slightly down ahead of its Q3 results due later today.
The Indian rupee has opened flat at 70.46 per US dollar.
Tata Motors, Yes Bank, ONGC, Tata Steel, and Adani Ports were the top gainers on the Nifty50, while Infratel, HPCL, IndusInd Bank, BPCL and Power Grid were trading in the red.