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Indian equity indices open flat after two days of rally

 2015-11-18 04:14:54.0

india-equity Mumbai:��Key Indian equities indices opened flat on Wednesday in line with global cues, notably from the Asian peers and the Wall Street, as investors looked for some early profit-taking after two days of rally.�Against the previous close at 25,864.47 points, the sensitive index (Sensex) of the Bombay Sock Exchange (BSE) opened at 25837.71 points.�Immediately thereafter, it was ruling at 25,836.07 points, with a loss of 28.40 points (0.11 percent). At the National Stock Exchange, the broader 50-share Nifty was ruling at 7,823.15 points, with a loss of 14.40 points (0.18 percent) over the previous close at 7,837.55 points.�On Tuesday, the Sensex gained 104.37 points (0.41 percent) while the Nifty was up 30.95 points (0.40 percent).�"The European markets surged on Tuesday, as investors shrugged off geopolitical concerns. Defence stocks were among the best performers after Friday's terror attacks in Paris. Investors sentiment also received a boost from the stronger-than-expected German economic confidence report," Angel Broking said in a pre-open analysis. "But the US markets ended the session roughly flat after showing a substantial move to the upside in the previous session. The choppy trading on Wall Street came as traders expressed uncertainty about the market outlook following the terrorist attacks." (IANS)

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