In opening trades, Sensex slipped 18 points or 0.03% to 59,280 while Nifty 50 was quoting at 17,688 lower by 2 points or 0.01%.
Manish Shah of NiftyTriggers is positive on Hindalco with a target price of Rs 520-540.
The overall market breadth was positive as 2,333 stocks advanced on the BSE, while 1,016 declined and 192 remained unchanged
After a week-long consolidation, the Indian market is back in action despite unfavourable global sentiments.
The reopening of the economy & upcoming festive season will upgrade the future outlook.
While some experts see a correction, others are optimistic of Nifty 50 touching 18,600
Foreign portfolio investors (FPIs) pumped in Rs 13,154 crore in equities and Rs 13,363 crore in the debt segment between September 1-30.
India Inc is at the cusp of a high double-digit growth trajectory with earnings CAGR over FY21-23E at around 26%
DMart reported a standalone revenue jump of 46% to Rs 7,649.64 crore for the quarter ending September 2021 (Q2FY22).
In opening trades Sensex adds 277 points or 0.47% to 59,042 while the Nifty 50 was trading at 17,615 higher by 83 points or 0.48%.