INDIA STOCKS-India's equity benchmarks open flat amid trade deal ambiguity, Middle East tensions
June 12 (Reuters) - India's benchmark indexes opened little changed on Thursday as investors assessed the U.S.-China trade deal and escalating tensions in the Middle East.
The Nifty 50 .NSEI was up 0.07% at 25,160.3 and the BSE Sensex .BSESN rose 0.06% to 82,579.02, as of 9:19 a.m. IST. The broader small-caps .NIFSMCP100 rose 0.2% while mid-caps .NIFMDCP100 traded flat.
Other Asian markets were down, while Wall Street equities fell overnight on fresh geopolitical tensions in the Middle East and ambiguity in the U.S.-China deal. MKTS/GLOB
U.S. President Donald Trump said a framework on tariff rates had been reached to revive the fragile trade truce with China. While this lifted investor hopes, the lack of specifics kept markets on edge.
Meanwhile, Iran said it will strike U.S. bases in the Middle East if nuclear talks fail and conflict arises with Washington, heightening geopolitical concerns.
($1 = 85.4420 Indian rupees)
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