381: Sensex, Nifty set to open flat; YES Bank, BPCL, RITES in focus
Indian shares are expected to open flat on Wednesday, as the SGX Nifty, an indicator of the opening for the Sensex and the Nifty, was trading 3 points or 0.02 percent lower at 12,084.50 at 7:05 am, hinting at a flat start for the domestic market. The market touched record highs in Tuesday’s trade but soon pared gains due to losses in IT and telecom and auto stocks. Among the stocks in the news today, Yes Bank will consider fundraising on November 29 while the government sold 10 percent equity in RITES via OFS.
