LIVE market updates: The Indian benchmark indices erased their early gains and turned flat in Thursday’s late morning deals.
Among the headline indices, the S&P BSE Sensex hovered around 49,500, having earlier risen to intra-day high of 49,943, and the broader Nifty50 index topped the 14,700-mark. HCL Tech, IndusInd Bank, and Titan rose 2 per cent each and were the top Sensex gainers.
The Nifty sectoral indices were mixed, with gainers led by the Nifty Metal index (up 2%).
The broader markets, meanwhile, outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.8 per cent and 1.2 per cent higher, respectively.