New Delhi, Aug. 20 -- Indian stock markets opened flat on Tuesday as continuous foreign portfolio investor (FPI) outflows kept indices in check, even as the government recently announced several consumption-boosting measures.
The Nifty 50 index opened at 24,965.80, slipping by 14.85 points or 0.06 per cent. Meanwhile, the BSE Sensex started the day at 81,669.09, registering a modest gain of 24.70 points or 0.03 per cent.
Market experts noted that factors such as monetary and fiscal stimulus, good monsoons, benign inflation, and targeted consumption boosters should ideally have pushed Indian markets higher.
Ajay Bagga, Banking and Market Expert, told ANI "What has held back the markets has been a relatively higher valuation in an underw...
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