Sensex, Nifty Flat; RIL, ITC Gain Almost 1% Post Results, ICICI Bank Weak Asian shares struggled to rally on Monday as super-strong US corporate earnings sucked funds out of emerging markets and into Wall Street
Updated: July 26, 2021 9:28 am IST
The domestic stock markets are flat in early trading, after rebounding from intra-day lows, on the back of negative global cues. Asian shares struggled to rally on Monday and SGX Nifty had opened in the red. At 9:20 am, the BSE Sensex was trading at 53026.30, higher by 48.77 points and the NSE Nifty was at 15,872, up 17.70 points.
Asian shares struggled to rally on Monday as super-strong US corporate earnings sucked funds out of emerging markets and into Wall Street, where records were falling almost daily. Japan s Nikkei bounced 1.6 per cent in early trade, but that was off a seven-month low. South Korea has fared somewhat better thanks to demand for tech stocks, but was little changed on Monday.
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