The Sensex and Nifty opened on a flat note amid firm Asian cues.

At 9.15 a.m., the 30-share BSE index Sensex was up 47.98 points at 31,862.20 and the 50-share NSE index Nifty was down 4.75 points at 9,974.95.

Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies.

Liquidity was lacking with Japan and South Korea on holiday and a partial holiday in the United States where stocks will be open but bonds will be closed.

MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent, having rebounded by 1.7 percent last week. E-Mini futures for the S&P 500 were trading 0.15 per cent firmer, while futures for the Treasury 10-year note rose 1 tick.