Opening Bell: Nifty, Sensex open flat with positive bias; oil & gas, auto shares gain
The Indian markets extended losses on Monday after closing flat with negative bias on Friday.
![Opening Bell: Nifty, Sensex open flat with positive bias; oil & gas, auto shares gain Opening Bell: Nifty, Sensex open flat with positive bias; oil & gas, auto shares gain](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/01/17/172852-bull2.jpg?itok=QZ3YAQIa&c=5152e13967ff0fe20de52cd2770cbb99)
The Indian markets extended losses on Monday after closing flat with negative bias on Friday. Benchmarks Nifty50 and the S&P BSE Sensex opened flat with positive bias at 18,235.65 and 61,219.64 respectively as the indices held on to crucial 18, 200 and 61, 200 in the open on Monday.
The Bank Nifty opened nearly 150 points lower to 38,212.55 as the 12-share index recovered to trade with minor 50 points loss minutes after opening.
See Zee Business Live TV Streaming Below:
IOC, Hero Moto Corp, ONGC, Tata Motors, BPCL, Maruti, State Bank of India, Infosys, Bajaj Finserv, ICICI Bank, Mahindra & Mahinda. Powergrid and Reliance Industries Limited were the top gainers on the two indices. HCL Tech, Titan, HDFC Bank, IndusInd Bank, Ultratech cement, Tech Mahindra, Asian paints and Dr Reddy's were the stocks that dragged the headline indices the most.
In the pre-open, the Sensex started flat with marginal loss of 3 points to 61,219.64 as even 21 shares advanced and 9 declined on the 30-share Sensex.
Earlier, SGX Nifty Futures hinted at negative opening for the domestic equity market as the index trade 58.50 points or 0.32% lower to 18,215.50 around 9 am on the Singaporean Exchange on Monday.
In the Asian market on Monday, the indices were trading mixed. Japanese Nikkei 225 was up 0.59%, Hang Seng Index at the Hong Kong Exchange traded lower by 0.54% and Shanghai Composite was trading higher by 0.31% around 8 am on Monday.
The Wall Street indices too closed mixed, largely in the green on Friday. The S&P 500 closed 0.56% lower, while Nasdaq Composite, S&P 500 and Russell 2000 settled 0.59%, 0.08%, 0.14% higher on Friday respectively. The US markets will remain closed for trading on Monday.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
09:25 AM IST