Markets open flat, Nifty tests 10,700-mark
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NEW DELHI: The stock market which has been been under pressure of late opened in green but flat on Wednesday market.
The 50-share NSE Nifty which had closed 0.1 point below the 10,700-mark on Tuesday, was testing the psychological mark in morning trade. The other benchmark index Sensex was hovering around the 35,400-mark.
Asian bourses have stayed under the pump over the last week with US and China exchanging trade threats, resulting in sedate investor sentiments closer home.
On Wednesday morning, the Nifty Pharma sub-index was up half a per cent while metal and IT baskets were losing.
PowerGrid, Sun Pharma, HDFC and Reliance were the major gainers early on.
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