Indian markets open flat amid cautious global cues; Sensex, Nifty trade marginally lower
New Delhi, June 23 -- Indian markets opened flat on Tuesday as domestic equity benchmarks commenced the trading session with minor losses, tracking a cautious trend across global markets.
The BSE Sensex opened at 76,953.63, down 140.44 points, or 0.18 per cent. Similarly, the NSE Nifty 50 slipped 34.05 points, or 0.14 per cent, to 24,068.85 in early trade.
Market analysts noted that despite the marginal decline at the opening, the broader structural factors supporting the domestic market remained steady.
Rajesh Palviya, Head of Research at Axis Direct, said, "Improved global sentiment following easing US-Iran tensions, softer crude oil prices, and continued resilience in domestic markets helped sustain the positive momentum. However, w...
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