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India markets flat amid metal-stock gains and profit-taking ahead of global cues
Indian markets hover flat: metal stocks up ~1.
India’s benchmark indices traded near flat early Tuesday: the Nifty 50 rose 0.2% to 26,018.25 and the BSE Sensex gained 0.14% to 84,900.55 as of 9:49 a.m. IST. Metal stocks led the advance with a 1.2% gain, bolstered by optimism over a potential U.S.-China trade-deal framework, while broader profit-taking capped upside. Public-sector banks also moved higher after news of possible higher FDI limits. Market depth remained modest and investors awaited upcoming global interest-rate and trade decisions.