Todays Nifty Market Trends and Analysis

Indian shares opened mildly higher, amid mixed cues from global peers and as yesterday's mega M&A action spurred some sentiment. At open, the BSE Sensex was up 0.02 percent, or 7 points, to 28,070 while the Nifty rose 0.02 percent, or 3 points, or 8,405.

Among early movers, Kotak Mahindra Bank was up 7 percent after it announced a merger with smaller peer ING Vysya Bank in an all share-deal that valued the latter at USD 2.5 billion. ING shares were up 1.6 percent.

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