Markets opening bell: Sensex at 58,762; Nifty drops beneath 17,520

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Up to date on Sep 19, 2022 09:43 AM IST

Markets opening bell: A general view of the Bombay Stock Exchange (BSE).(Reuters)
Markets opening bell: A common view of the Bombay Inventory Trade (BSE).(Reuters)

Stocks have been most commonly flat on Monday, starting the week on a wary notice, as buyers awaited a number of central financial institution conferences this week to gauge the have an effect on of charge hikes on international financial system.

Buyers braced for every week suffering from 13 central financial institution conferences which are positive to peer borrowing prices upward thrust around the globe and a few possibility of a super-sized hike in the US.

The NSE Nifty 50 index was once unchanged at 17,513, as of 0349 GMT and the S&P BSE Sensex was once down 0.1% at 58,779.24. Each the indexes misplaced over 1.5% final week.

In the meantime, stocks of Oil & Herbal Fuel Corp rose 1.4% after India on Friday slashed taxes on home crude oil.

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