INDIA STOCKS-Indian shares muted as global rally cools

Credit: REUTERS/FRANCIS MASCARENHAS

Updated at 9:17 a.m. IST

BENGALURU, Dec 19 (Reuters) - India's benchmark Nifty opened flat on Tuesday, as a global rally fueled by hopes of U.S. interest rate cuts showed signs of slowing down.

The benchmark NSE Nifty 50 index .NSEI rose 0.10% to 21,439.75 points, while the S&P BSE Sensex .BSESN added 0.09% to 71,370.79, as of 9:17 a.m. IST.

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Varun H K and Janane Venkatraman)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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