Ethical Research - Sensex under pressure, Nifty below 11,300; banks


Mumbai: Indian equities opened marginally weaker, with investors keenly awaiting the September-quarter earnings season that kicks off on Thursday.

At 9.20am, the Sensex fell 0.37% to 38,037.55 points, while Nifty was down 0.32% to 11,276.70 points.

According to Siddharth Khemka, head, retail research, Motilal Oswal Financial Services, the result season and US-China trade talks are likely to drive markets going ahead.

Global markets were trading higher. Dow Jones was up 0.7% and S&P 500 rose 1%. The Nikkei was up 0.5%, while the Hang Seng rose 0.2%.

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