October 29, 2024 10:40 AM
Nifty, Sensex open flat amid continued selling by FIIs
India’s benchmark indices opened flat on Tuesday amid continued selling pressure from foreign institutional investors (FIIs). The Nifty slipped 10.30 points, starting at 24,328.85, while the Sensex rose by 32 points to open at 80,037.20. On Monday, both indices gained despite FIIs offloading stocks worth Rs 3,228 crore. Market experts attributed the rally to increased buying from retail investors. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said, “An intere...