Sensex, Nifty open lower as metal and auto stocks drop

Indian shares opened lower on Monday after four straight weeks of gains, weighed down by metal and auto stocks, while investors waited for cues from the U.S. Federal Reserve on its pandemic-era stimulus measures. The blue-chip NSE Nifty 50 index was down 0.3% to 17,526.9 by 9:31 am, and the benchmark S&P BSE Sensex…

Sensex, Nifty rise as auto stocks gain on solid July sales data

Indian shares rose on Monday, helped by auto stocks as monthly data showed recovery in July sales after a second wave of COVID-19 cases had dented demand By 9:15 am, the blue-chip NSE Nifty 50 index climbed 0.5% to 15,845 and the benchmark S&P BSE Sensex rose 0.60% to 52,901.28. Both the indexes posted their third…