Opening Bell - Nifty opens flat; Auto stocks trade with mixed sentiments; IndusInd Bank top Nifty gainer


Equity benchmarks started off trade on a flat note Thursday ahead of expiry of March futures & options contracts. However, the broader markets outperformed benchmarks.

The 30-share BSE Sensex was up 39.50 points at 29,570.93 and the 50-share NSE Nifty gained 3.65 points at 9,147.45. About 824 shares advanced against 244 declining shares on the BSE.

SBI, Reliance Industries, Hero Motocorp, Adani Ports, BHEL, Bank of Baroda and IndusInd Bank were early gainers while Axis Bank, Tata Motors, Bharti Airtel, M&M, TCS, HCL Tech and Bharti Infratel were losers.

The Indian rupee extended gains today, opening at 64.87 against the US dollar, up 3 paise over 64.90 level in previous session.

Shares of Navneet Education was up more than 12 percent intraday as investors cheered the positive brokerage view on the stock.