Benchmark indices opened flat on July 16 as traders await more corporate earnings scheduled to be announced over next month.
The Sensex was up 2.48 points at 38,899.19 while the Nifty fell 1.40 points to 11,587.
Benchmark indices gained strength a bit with the Nifty trading above 11,600 levels and the Sensex inching towards 39,000.
The BSE Sensex was up 71.83 points at 38,968.54 and the Nifty gained 20.80 points at 11,609.20.
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