The two key equity benchmarks, Sensex and Nifty, on Thursday pared early gains turning flat amid volatility tracking selling pressure in bank stocks. At 10 am, the BSE Sensex declined 133 points to 71,690. On the other hand, the NSE Nifty50 was trading at 21,811, down 29 points.
On the 30-share Sensex platform, M&M was the top gainer, up 4 per cent, followed by NTPC, Tata Steel, Wipro, TechM, HDFC Bank emerged gainers. On the down side, Axis Bank, Kotak Bank, ICICI Bank, IndusInd Bank, Nestle, Sun Pharma were among the losers.
In the broader markets, the BSE Midcap and Smallcap indices were trading with gains of nearly 1 per cent each.
Sectorally, except bank, all other indices are trading in the green with auto, metal, oil & gas and power rose 1 per cent each.
In the previous session on Wednesday, the BSE Sensex index closed 268 points higher at 71,883, while the NSE Nifty50 settled at 21,840, up 97 points.