Markets Trade Flat After Scaling All Time High

Markets have started on a flat note after hitting fresh records. At 09.30 am, the benchmark BSE Sensex was trading at 0.09%, lower by 24 points. Among the 30 share sensex pack, 10 stocks gained while 20 declined. Tracking the momentum of sectoral indices, BSE IT slipped as Wipro failed to meet the street expectations. Healthcare and FMCG index were seen trading in positive zone. Mid-cap and small-cap under-performed and dropped by 0.10% and 0.29% respectively. The indices are trading on the negative bias, as they witnessed profit booking.

On the similar lines, Nifty was trading at 0.09%, lower by 7 points. Among the Nifty 50 share, 15 stocks advanced while 35 declined. The top gainers were HDFC, trading up by 1.6% and Sun Pharma, up by 1.46%. The indices are trading flat as the investors booked profit after scaling new all time high in the past eight sessions.

Asian markets are witnessing mixed performance. China's Shanghai composite was trading up by 0.44%, Japan's Nikkei gained 0.57% while Hong Kong’s Hang Seng was up by 0.10%.