Sensex, Nifty edge up in green despite Brent Crude breaching USD 100 mark
New Delhi, Sept. 10 -- Indian benchmark indices open in the green on Thursday despite international Brent crude prices breaching the USD 100 per barrel mark amid rising geopolitical tensions.
The BSE Sensex stood at 74,832.29 points, higher by 68.06 points or 0.09 per cent. Similarly, the broader NSE Nifty 50 traded at 23,446.60 points, up 15.10 points or 0.06 per cent.
Despite the uptick on Thursday morning, V K Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, pointed out the domestic and global pressure points.
"With Nifty dipping below the 23500 resistance, the market construct has turned weak. Technically the market is vulnerable to further correction, and the fundamental macro trends continue to deteriorate....
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