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Share the live market today: The Sensex and Nifty fell flat after opening on a higher note on Monday. Shares of Hindustan Unilever fell more than 2% early in the session after the announcement of the company's quarterly results last week. Avenue Supermarts shares (DMart) also slipped more than 4%. IndusInd Bank and Indiabulls Housing Finance are the two Nifty companies that are expected to report their quarterly results later today.
Despite a rebound in global stocks late last week, Asian equities retreated on Monday, worries over Sino-US trade disputes, the possible slowdown in the Chinese economy and rising costs US borrowers have tempered optimism, reported Reuters. At the same time, oil prices climbed and Saudi shares fell in the face of rising diplomatic tensions between Riyadh and the West after the monarchy warned of threats from punishment for the disappearance of a journalist criticizing his policy.
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