Sensex, Nifty open flat as index pivotals witness selling pressure

Key Indian equity indices opened flat on Tuesday as index pivotals -- finance and banking stocks -- witnessed selling pressure. However, oil and gas sector gained. The S&P BSE Sensex opened at 36,161.80 from its previous close of 36,068.33 on Monday. At 9.25 a.m., the Sensex traded 64.82 points or 0.18 per cent lower at 36,003.51. The NSE Nifty 50 opened at 10,881.70 after closing at 10,862.55 on Monday. The Nifty 50 traded at 10,842.90 during the morning trade session, up 19.65 points and 0.18 per cent.

Even though the 2018 gains were marginal, both the Sensex and Nifty50 emerged among the best in attaining the highest growth rates globally. They were among the best performing benchmark indices in the BRICS (Brazil, Russia, India, China, South Africa).

(With inputs from agencies.)