Sensex, Nifty flat in opening amid better Q4 GDP data; ICICI Bank zooms

The market consolidates as investors digested better-than-expected March quarter GDP data which shows that India is the fastest growing economy.

The Nifty50 is trading in a narrow range around its previous closing levels but the Midcap index underperformed frontliners again, falling third of a percent.

Bajaj Auto gained 2 percent after the company registered 30 percent growth year-on-year in May sales data.

Nifty Bank slipped around half a percent but ICICI Bank stands toll among banking space, rising nearly 4 percent.

Asian markets are mixed with investors cautious over trade tensions after the US announced tariffs on steel and aluminium imports, reports CNBC.

Reference By- https://www.moneycontrol.com/news/business/markets/market-live-sensex-nifty-flat-in-opening-amid-better-q4-gdp-data-icici-bank-zooms-2580369.html