Indian equity benchmarks open flat near record highs ahead of growth data

India's equity benchmarks opened flat on Friday, pausing near record high levels hit in the previous session, with traders focusing on the quarterly growth data due later in the day that is expected to stay firm on strong domestic demand.
The Nifty rose 0.08% to 26,237.45 at the open and Sensex gained 0.08% to 85,791.55, as of 9:15 a.m. IST.
The Nifty and Sensex rose as much as 0.4% and 0.5% on Thursday to all-time highs of 26,310.45 and 86,055.86, respectively, before closing little changed as foreign investors booked profits.
Thirteen of the 16 major sectors advanced, though the gains were marginal. The broader small-caps and mid-caps opened 0.1% higher.
India's economy likely stayed resilient in the July-September quarter, with gross domestic product (GDP) growth at 7.3%, buoyed by consumer demand and front-loading of production and exports ahead of U.S. tariffs, a Reuters poll said.
The data will be released after market hours on Friday.

Sumber : Reuters