Indian Shares Open Flat Amid Foreign Outflows

Indian shares opened flat on Wednesday as persistent foreign fund outflows offset positive cues from broader Asian markets. The Nifty 50 and BSE Sensex posted marginal gains while Middle East tensions remained an overhang.

Insights:
People work at the National Stock Exchange (NSE) stall during the Global Fintech Fest in Mumbai, India, August 29, 2024. REUTERS/Francis Mascarenhas

India's benchmark indexes opened Wednesday morning with muted gains as persistent foreign fund exits countered regional optimism. The Nifty 50 rose 0.10% to 23,352.15, while the BSE Sensex added 0.16% to 74,648.32 during early trading.

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