Sensex and Nifty erase gains, turns red

at 1:26 pm
BSE

Mumbai (NVI): Benchmark indices Sensex and Nifty erased early gains and turned flat during the early morning trade.

The 30-share BSE Sensex was 7.07 points down at 41,002.64. It opened at 41,168.85.

Similarly, The 50-scrip NSE Nifty fell nearly 12 points to 12,074.95

Meanwhile, Indian rupee appreciated by 8 paise to 70.75 against the US dollar in early trade.

On Friday, the 30-share gauge ended 428 points that is 1.05 per cent higher at 41,009.71. While, the Nifty settled 114.90 points or 0.96 per cent higher at 12,086.70.