Stock Market LIVE: Nifty, Sensex Open Flat; Eternal, Bajaj Auto, Apollo Hospitals Shares Lead

ICICI Bank, HDFC Bank, Eternal, Reliance Industries, and Kotak Mahindra added to the NSE Nifty 50 index.

Infosys Ltd., Tata Consultancy Services, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories Ltd., and Shriram Finance Ltd. weighed on the Nifty 50 index.

The NSE Nifty 50 and BSE Sensex opened flat with positive bias. The indices were trading 0.11% and 0.03% higher, respectively as of 9:20 a.m.

SEAMEC Princess started a second season of pipeline replacement project. The vessel has started a second season of daman upside development project, the company said in the exchange filing.

Jefferies initiated coverage in the alcoholic beverage space of India. The brokerage has given a 'Buy' rating to United Spirits Ltd., Radico Khatian Ltd., and Allied Blenders & Distillers Ltd. upon coverage initiation. The brokerage notes that "the spirits category offers premiumisation-led strong growth potential, with double-digit top-line compound annual growth rates across companies and meaningful room to expand margins."

• The yield on the 10-year bond opened flat at 6.48%

Source: Bloomberg