Nifty opens flat

The Indian market kicked off the expiry week on a tepid note after a roller coaster ride it had witnessed last week. Asian markets were trading flat.

All eyes are now set on Fed Chairman Ben Bernanke's speech this coming Friday. Some investors are hoping for a case of deja vu — that the Fed may hint at more stimulus at its annual Jackson Hole gathering as a panacea against a worsening economic outlook.

At 09.25 hrs IST, the Sensex was down 61.89 points or 0.38% at 16079.78, and the Nifty was down 20.70 points or 0.43% at 4824.95. About 630 shares advanced, 587 shares declined, and 2455 shares remain unchanged.