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OPENING BELL: SENSEX STARTS ON A TEPID NOTE

Sensex, Nifty flat in opening; M&M top gainer, Infosys drags

Equity benchmarks were mixed in opening trade, with the Nifty holding 9,600 level amid consolidation, ahead of GDP data for the March quarter and FY17.

The 30-share BSE Sensex was down 9.32 points at 31,150.08 and the 50-share NSE Nifty fell 0.95 points to 9,623.60.

The Indian rupee rebounded to 64.55 against the US dollar after correction in previous session. It gained 11 paise compared with previous day's closing of 64.66 a dollar.

Pramit Brahmbhatt of Veracity expects the rupee to trade neutral against the dollar.
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