The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the benchmark indices on Monday remained close to the lifetime highs.
The Sensex surged 320.49 points, opening at 81,406.40, while the Nifty climbed 92.15 points to open at 24,915.30. In early trading, the Nifty saw a majority of its constituent companies advance, with 32 stocks gaining and 17 declining. One stock remained unchanged.
Indian stock market indices opened with gains on Monday following the global rally. On the National Stock Exchange, the Nifty 50 index opened at 24,943.30, up by 108.45 points or 0.44 per cent, while the BSE Sensex gained 346.93 points or 0.43 per cent to reach 81,679.65 points.
The Sensex rose by 173.80 points, opening at 80,675.88, while the Nifty climbed 51.95 points, starting the day at 24,561.20. Out of the Nifty companies, 40 showed advances, while 9 registered declines.
The benchmark indices Sensex and Nifty both started the day in the red. The Sensex opened 83.92 points down at 81,269.85, while the Nifty began trading 47.60 points lower at 24,753.25.
The Nifty 50 index opened at 24,396.55, gaining 67 points at the opening, while the BSE Sensex sustained positive momentum, opening at 80,170 with a gain of 230 points.
Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.
The Sensex started the day 94.13 points lower at 78,580.12, while the Nifty fell 19.25 points to open at 23,849.55. The market sentiment was dampened by weak cues from Asian markets.