Last Updated: May 16, 2023, 09:31 IST
Sensex Today: Benchmark indices Sensex and Nifty have a flat start on Tuesday morning amid improved global cues.
Global cues
Asian markets were higher this morning with Nikkei, Hang Seng, Kospi rising up to 0.7 per cent higher. China Industrial production for April rose by 5.6 per cent YoY compared to estimates of 10.9 per cent growth, while its retail sales rose by 18.4 per cent, below forecasts of a 21 per cent rise.
Overnight in the US, the S&P 500 added 0.3 per cent, the Dow rose 0.14 per cent and the Nasdaq added 0.66 per cent as investors awaited the talks on debt ceiling negotiations in Washington to resume today.
Treasury Secretary Janet Yellen reaffirmed on Monday that the US could default on its debt as early as June 1.
