Sensex, Nifty mostly flat amid subdued trade in global peers
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Mumbai, Nov. 13 -- Indian equities traded largely flat on Wednesday awaiting definitive cues. Asian indices had opened weak today, following a subdued overnight close to US indices after President Donald Trump said Washington will increase tariffs on Chinese goods if the first step of a broader agreement isn't reached.
At 9.30 am, the benchmark Sensex was a tad up at 40,370.52 points, while the Nifty 50 was up 0.08% at 11,922.85 points.
Domestic investors were worried about a deepening slowdown after data showed that India's factory output contracted for the second straight month to a near eight-year low of 4.3% in September. Given the slowdown in factory output, analysts expect the Indian economy to have grown at less than 5% for the S...
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