The Sensex and Nifty are expected to open flat on Thursday tracking subdued trend in Asian markets as a lull in the Sino-US trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an OPEC meeting that may expand crude supply.

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At 7:55 am, SGX Nifty was trading at 10,802.50, up 10 points or 0.09 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.05 percent firmer, while Japan's Nikkei edged up 0.12 percent in thin trade. Futures for the S&P 500 ESc1 added 0.14 percent as traders waited for new developments on global trade.

Here are key stocks in news today:

InterGlobe Aviation: InterGlobe Aviation, the parent company of Indigo, has clarified that it has not received any summons from Enforcement Directorate (ED) in a case related to violations under Foreign Exchange Management Act (FEMA). The clarification came after news reports that ED has summoned top management of IndiGo Airlines on FEMA violations.

Gayatri Projects: Gayatri Projects said the UP government has reinvited bids for Purvanchal Expressway and cancelled the company's Rs 1,111-crore offer made earlier for a package under the scheme. Gayatri Projects was declared the lowest bidder for the VIth package of the project for a quoted price of Rs 1,111.03 crore.

GAIL (India): State-owned natural gas utility GAIL (India) and US-based cab aggregator Uber on Wednesday signed a Memorandum of Understanding (MoU) to promote the use of Compressed Natural Gas (CNG) as a transportation fuel across various cities in India starting from Bengaluru, GAIL said in a statement.

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State Bank of India: State Bank of India's Managing Director B Sriram was appointed as the MD and CEO of IDBI Bank for a temporary period of three months, according to an official order. He has been appointed in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India (RBI).

Tata Global Beverages: Tata Global Beverages is planning to strengthen its packaged drinking water portfolio, and expand overseas to position its water brand Himalayan as a global label. The company has plans to expand its Himalayan Natural Mineral Water to other geographies beyond the US and Singapore, where it is available now, said (TGBL) in its latest annual report.