Trends in the GIFT Nifty indicate a flat start for the broader index in India, with a gain of 10 points or 0.04 percent. The Nifty futures were trading around the 22,590 level.
Having assumed the role on October 1, 2019, Venkataraman, who is set to reach the group s retirement age of 65 on October 30 next year, will oversee the transition process before stepping down.
Among sectoral indices, the Nifty Realty index jumped 2.76 percent. Among losers, Nifty PSU Bank index dropped 3.66 percent, Consumer durables, oil & gas lost 2.55 percent and 1.75 percent, respectively.