Indian shares muted at the open; June auto sales in focus

BENGALURU: Indian shares opened largely flat on Monday, with the focus on auto companies’ sales data for June.

The NSE Nifty 50 was up 0.1% higher at 24,030.9 points, while the S&P BSE Sensex added 0.04% to 79,044.2 points, as of 9:17 a.m. IST.

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Investor focus will be on automobile companies’ monthly sales data for June, due later in the day.

Auto stocks added 0.5% in early trade. Bajaj Auto, the first automaker to report its sales data, was up about 1%.