Sensex, Nifty Likely To Have A Subdued Opening

The domestic stock markets are likely to open flat as surging COVID-19 cases and growing threat of a fresh round of economic lockdowns dampened the euphoria caused by potential vaccine breakthroughs in global markets. Trends on SGX Nifty indicate a flat opening for the index in India, with a 11-points gain. At 7:30 am, the Nifty futures were trading at 12,909, higher by eleven points, on Singapore Stock Exchange.