Benchmark Indices Were Flat In Opening Trade Amid Rising Bond Yields

Benchmark indices were flat in opening trade amid rising bond yields and vote counting in Karnataka.

The 30-share BSE Sensex was up 7.33 points at 35,564.04 and the 50-share NSE Nifty fell 9.80 points to 10,796.80.

HUL gained 2 percent following 11 percent volume growth in Q4. Indiabulls Housing Finance, Yes Bank and HDFC Bank were early gainers.

Axis Bank, Kotak Mahindra Bank, Reliance Industries, SBI, PNB, Bank of Baroda, Bajaj Finance, Adani Ports, NTPC, HCL Tech, Bharti Infratel and ICICI Bank were under pressure.

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