Sensex, Nifty likely to open flat

Sensex, Nifty likely to open flat

Indian benchmark indices Sensex and Nifty are likely to open flat on Thursday after closing stronger in the previous session. SGX Nifty trends indicate a flat start for markets despite positive global cues. Concerns over rising border tension with China have dented investor sentiment but buying in heavyweight stocks like Reliance and Infosys helped markets end stronger in the previous session. While increased market volatility is likely to impact trade going into today’s trading session, it remains to be seen if the bulls continue to manage to hold their grip on proceedings.