Indian shares open flat as tech erases energy gains
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BENGALURU - Indian shares opened flat on Tuesday, hovering near record highs scaled last week, as gains in auto and energy stocks countered losses in tech and real estate scrips.
The blue-chip NSE Nifty 50 index was down 0.01% at 17,853.75 by 0352 GMT and the benchmark S&P BSE Sensex eased 0.07% to 60,038.66.
Energy shares rose 0.7%, with Oil and Natural Gas Corp among the biggest gainers on the Nifty 50.
Tech stocks dropped more than 1%, with HCL Technologies shedding over 2% to be the biggest loser on the Nifty 50.
Broader Asian markets were trading lower as risks of a default by property giant China Evergrande took centre stage again. [MKTS/GLOB]
(Reporting by Soumyajit Saha in Bengaluru; Editing by Subhranshu Sahu)
