Sensex gives up most gains, Nifty trades flat; midcaps correct

Benchmark indices trimmed some of the morning gains to trade almost flat, while the Nifty turned negative.

The Sensex is up 30.37 points or 0.09% at 34383.16, and the Nifty down 7.70 points or 0.07% at 10615.90. The market breadth favoured declines as 1,251 shares advanced, against a decline of 1,420 shares, while 340 shares were unchanged.

Coal India and ITC were the top gainers, while BHEL, ICICI Bank, Eicher Motors and Hindalco lost the most on both indices.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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