Nifty may open flat
The green tick on the SGX Nifty suggest a positive opening for our markets but Nifty is likely to open flat as Asia is trading weak. Japan’s revised GDP shrinks an annualized 1.2 percent and China remains in focus as data shows that country's foreign exchange reserves fell by USD 93.9 billion in August to USD 3.55 trillion. The SGX Nifty was up 39 points at 7596 at 7.40 am back home to the bears were all over Dalal Street with the Sensex falling to its lowest level in 15 months and Nifty dropped below 7,600.
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SENSEX DOWN 6.82 @24895.52
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