Markets remain subdued, Nifty below 8,900; RIL gains 2.5% on rejig

The broader market was trading flat with BSE Midcap gaining 0.06% and BSE Smallcap down 0.01%

Benchmark indices continued trading under pressure in the early morning trade tracking global cues after Asian markets opened lower following Wall Street. The Street will also watch out for US Fed Chair Janet Yellen’s speech later in the day which could give hints of possible Fed rate hike later this month.
 
The markets yesterday witnessed a trend reversal – from a 2-year high at open to a lower close on profit booking.
 
At 1:51 am, the S&P BSE Sensex was trading at 28,747, down 93 points, while the broader Nifty50 was ruling at 8,866, down 33 points.