Indian equities continue to trade on a flat note amid volatility on Friday. Broader markets outperformed. Metal stocks fell the most followed by banking and energy stocks while IT and pharma stocks gained.
BSE Midcap and Smallcap index rose 0.26% and 0.89% respectively.
At 13.10., the Sensex was trading down 19.60 points or 0.04% at 49,726.61 with 14 components falling. Meanwhile, the Nifty was trading lower by 9.60 points or 0.06% at 14,864.20 with 29 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a decline of 2.82 points or 0.01% at 49,743.39, while the broad based NSE Nifty began flat with a gain of 8.85 points or 0.06%, at 14,882.65.
ICICI Bank contributed fall of 45.75 points in the Sensex. It was followed by Reliance Industries (33.16 points), Larsen & Toubro (17.77 points), Tata Steel (14 points) and HDFC Bank (12.59 points).
However, Sun Pharmaceutical Industries contributed rise of 43.19 points in the Sensex. It was followed by Hindustan Unilever (42.76 points), Tata Motors (42.35 points), Housing Development Finance Corporation (23.19 points) and ITC (20.04 points).
Biggest gainers in the 30-share index were Sun Pharmaceutical Industries (3.71%), Hindustan Unilever (2.67%), Tech Mahindra (0.94%), HCL Technologies (0.85%), and Kotak Mahindra Bank (0.85%).
On the other hand, Tata Steel (2.23%), Bajaj Finance (2.15%), NTPC (1.24%), ICICI Bank (1.15%), Asian Paints (1%), and L&T (0.99%) were the biggest losers in the Sensex pack.
Market breadth was positive with 1,732 advances against 1,139 declines.