Sensex, Nifty open flat as weak Asian cues weigh on sentiment

Mumbai, July 28 Domestic equity benchmark indices opened on a muted note on Tuesday, tracking weak cues from Asian markets after a sharp selloff in global semiconductor stocks. Sensex opened at 76,831.75, down 4 points or 0.01 per cent, while Nifty started the session at 23,971.25, lower by 24.70 points or 0.10 per cent. Sectorally, IT stocks led the gains in early trade, with Nifty IT surging 2 per cent. Nifty MidSmall IT & Telecom advanced 1 per cent, while realty, healthcare and pharma stocks also traded in positive territory. On the other hand, energy stocks were losers, with Nifty…