The benchmark Sensex and Nifty indices are likely to open flat on Thursday as trends in the GIFT Nifty indicate a muted start for the broader index with a loss of 3 points.

While global markets remain hooked to the developments in the Middle East, investors, back home, eye Q4FY24 earnings and the overnight decline in oil prices.

That apart, foreign flows and weekly F&O expiry will guide the sentiment today.

On the result front, Infosys, Bajaj Auto, HDFC Life Insurance, ICICI Securities, Mastek, National Standard (India), Network18 Media and Investments, Oriental Hotels, Swaraj Engines, TV18 Broadcast, and Accelya Solutions India are scheduled to report their March quarter results during the day.

On Tuesday, the 30-share benchmark index ended at 72943.68 down by -456.1 points or by -0.62 % and then NSE Nifty was at 22147.9 down by -124.6 points or by -0.56 %.

On the global front, Asia-Pacific markets were mixed on Thursday with Nikkei, Hang Seng, and Shanghai Composite down 0.2 per cent each.

ASX 200, and Kospi, on the other hand, were up 0.4 per cent and 1.5 per cent, respectively.

Overnight, the 30-stock Dow lost 0.12 per cent, while the S&P 500 shed 0.58 per cent, and the Nasdaq Composite tumbled 1.15 per cent.

Back home, Top traded Volumes on NSE Nifty – Oil And Natural Gas Corporation Ltd. 79082544.00, Tata Steel Ltd. 41391261.00, Infosys Ltd. 16173541.00, NTPC Ltd. 15328939.00, State Bank of India 13338991.00,

On NSE, total number of shares traded was 41.57 Crore and total turnover stood at Rs. 95437.38 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 336291 with a total turnover of Rs. 31323.54 Crore. Along with this total number of contracts traded in stock futures were 1309504 with a total turnover of Rs. 115206.62 Crore. Total numbers of contracts for index options were 662354883 with a total turnover of Rs. 51960590.39 Crore. and total numbers of contracts for stock options were 5826177 with a total turnover of Rs. 526529.25 Crore.

The FIIs on 16/04/2024 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 10735.30 Crore and gross debt purchased stood at Rs. 2119.04 Crore, while the gross equity sold stood at Rs. 13968.78 Crore and gross debt sold stood at Rs. 2102.96 Crore. Therefore, the net investment of equity and debt reported were Rs. -3233.48 Crore and Rs. 16.08