Sensex, Nifty Trade Flat; Coal India Drops 2%

Domestic stock markets opened on a flat note on Wednesday, tracking mixed global cues. The S&P BSE Sensex opened at 38989.65. The broader Nifty50 traded at 11,738.15. At 9:52 , BSE Sensex traded at 38,914.74, up 18.11 points or 0.05 per cent. The broader Nifty50 traded at 11,739.90, with a gain of 1.40 points or 0.01 per cent. Asian shares crept marginally higher today as optimism over the US-Mexico trade deal was quickly clouded by caution ahead of a looming deadline on tariffs with China. A flat finish on Wall Street and a dearth of major economic data across the region made for thin trade and MSCI’s broadest index of Asia-Pacific shares outside Japan eked out a rise of 0.26 per cent.