Indian equity indices opened Friday’s trading session on a muted note. The NSE Nifty 50 opened flat at 25,853. The BSE Sensex opened 60 points or 0.07% lower at 84,345.

The Bank Nifty opened 32 points or 0.05% lower at 57,999. However, the small and midcap stocks opened the day with a positive bias. The Nifty Midcap rose 55 points or 0.09% to open at 60,152.

“The Trump-Xi summit delivered only a one-year truce in the US-China trade war, not a breakthrough trade deal. To that extent, market participants were disappointed at the outcome, even though there is relief in the declining trade tensions and possible movement towards further progress,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.

“The rally in the Indian market has been running out of steam as it approa

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