Key benchmark indices started on a subdued note on Tuesday amid lack of domestic and global triggers
Sensex Today: Key benchmark indices started on a subdued note on Tuesday amid lack of domestic and global triggers, and as investors indulged in year-end profit booking. The benchmark S&P BSE Sensex was quoting at 71,102 levels in early deals, down 5 points or 0.01 per cent. The Nifty50, meanwhile, was at 21,361, up 12 points or 0.06 per cent.
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In the broader markets, the BSE MidCap and SmallCap indices advanced 0.42 per cent and 0.38 per cent, respectively.
Among sectors, all but the Nifty IT (down 1 per cent), and the Nifty Realty (down 0.04 per cent) were in the green led by the Nifty Media index (up 0.78 per cent) and the Nifty Metal index (up 0.6 per cent).
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Global Cues
Asian stocks traded tentatively on Tuesday, while the dollar lurked near a five-month low as cooling US inflation bolstered bets the Federal Reserve would cut interest rates soon.
Investors were still digesting data released on Friday that showed U.S. prices fell in November for the first time in more than 3-1/2 years, underscoring the economy’s durability.
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MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.18% higher, on course for a 1.6% gain this year. Japan’s Nikkei eased 0.07% but remains the best performing Asian stock market with a 27% gain for the year.
