At 10:00 am (IST), the BSE 30-share Sensex was flat at 9,565 and the NSE Nifty was flat at 2,908.
Markets have opened on a flat note on Tuesday on the back of mixed cues from the US and the Asian markets. Among the 30-components of the Sensex 21 stocks are in the green and only 9 stocks are in the red.
Among the major gainers are, HDFC Bank, ICICI Bank, L&T and BHEL. On the other hand, Bharti, ONGC, Reliance Industries and Grasim are among the major losers.
At 10:00 am (IST), the BSE 30-share Sensex was flat at 9,565 and the NSE Nifty was flat at 2,908.
US financial shares extended Friday's rally into Monday, but the broader American market struggled as the announcement of the revamped bank bailout plan was delayed and Congress continued to squabble about the stimulus package.
The Dow Jones Industrial Average lost 9 points or 0.1%, to end at 8,270.87. The Standard & Poor's 500 index was virtually unchanged at 869.89. The Nasdaq Composite index was barely changed as well, at 1,591.56.
US light crude oil for March delivery fell 61 cents to settle at $39.56 a barrel on the New York Mercantile Exchange. Gasoline prices rose three-tenths of a cent to a national average of $1.924 a gallon.
The dollar fell against the euro and yen. COMEX gold for April delivery fell $21.50 to settle at $892.80 an ounce.
European shares rose in a choppy session amid relief in the banking sector after Barclays reported a 1% profit fall and as investors continued to wait for details on a package of measures to shore up the U.S. economy and banking sector.
The pan-European Dow Jones Stoxx 600 index managed to rise for the fifth straight session as the banking and insurance sectors advanced. It gained 0.4% to 199.35.
