India, Aug. 20 -- Indian shares look set to open on a flat note Thursday following five consecutive sessions of gains. Overall losses, if any, may remain limited amid renewed hopes of peace between Russia and Ukraine.
Benchmark indexes Sensex and Nifty rose around 0.3 percent each on Wednesday to extend gains for a fifth day running, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties. The rupee gained 6 paise to close at 87.07 against the dollar.
Foreign investors offloaded shares worth Rs 1,100 crore on a net basis Wednesday, while domestic institutional investors sustained their support with net purchases of Rs 1,806 crore, as per provisional exchange d...