Last Updated: May 16, 2023, 09:31 IST
Sensex Today: Benchmark indices Sensex and Nifty have a flat begin on Tuesday morning amid improved world cues.
Global cues
Asian markets had been increased this morning with Nikkei, Hang Seng, Kospi rising up to 0.7 per cent increased. China Industrial manufacturing for April rose by 5.6 per cent YoY in contrast to estimates of 10.9 per cent development, whereas its retail gross sales rose by 18.4 per cent, below forecasts of a 21 per cent rise.
Overnight within 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 buyers awaited the talks on debt ceiling negotiations in Washington to resume in the present day.
Treasury Secretary Janet Yellen reaffirmed on Monday that the US may default on its debt as early as June 1.
