Equity benchmarks Senses and Nifty were trading flat on negative territory ahead of announcement of quarterly results. The BSE Sensex was 12 points down at 34,421 while the NSE Nifty50 index was 9 points down at 10,623.
Metal stocks, Pharma and Bank index were seen under selling pressure, while Realty stocks catching investors’ focus.
Stocks of Infosys Ltd rose 1 percent to Rs. 1,060 ahead of its Q3 earnings due on Friday.
Shares of Jindal Steel & Power Ltd fell 2 percent to Rs. 257.05 while shares of Welspun Enterprises Ltd rose 2% to Rs. 192.40 after the company joined into a concession agreemenbt with MP Govt for Dewas water supply project.
Idea Cellular, SBI, SAIL India and PNB were among the most traded stocks on the NSE.
In the Nifty index, Indiabulls HF, Tech Mahindra, Bharti Airtel, Tata Motors and Kotak Mahindra Bank were among the top gainers, while Cipla, Wipro, HPCL, Axis Bank and Coal India were among the top losers.
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