Stock Market Updates: Sensex Opens Flat, Nifty Below 17,400; ZEEL Jumps 4%

Sensex Today: Domestic markets had a tepid start on Tuesday morning as positive global sentiments failed to lift domestic investor sentiment. Key indices Nifty50 was flat below 17,400 levels, whereas the S&P BSE Sensex traded flat around 59,246 levels.

Sectorally, Nifty Auto, Nifty Media indices surged up to 0.8 per cent, while Nifty Pharma index declined up to 1 per cent. Among individual stocks, Zee Entertainment jumped over 4 per cent after NCLAT stayed NCLT order’s of insolvency proceedings against the media firm.

Global Cues

Globally, the US markets rose overnight, with Dow Jones, the S&P 500, and NASDAQ Composite rising up to 0.6 per cent.

Asia-Pacific markets, too, inched higher as Nikkei 225, the S&P 200, Topix, Kosdaq, and Kospi indices gained up to 1 per cent.

In the commodities basket, prices of Brent Crude declined marginally to $82 per barrel, while WTI Crude gained marginally to $76 per barrel.

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