Indian equity benchmarks fluctuated between gains and losses in the opening trade. The S&P BSE Sensex traded 0.17 percent higher at 39,166 as of 9.18 am and the NSE Nifty 50 traded 0.12 percent higher at 11,616.
The broader markets represented by the NSE Nifty 500 Index traded 0.15 percent higher. The market breadth was tilted in favour of sellers.
About 718 stocks declined and 683 shares declined and 683 shares declined on National Stock Exchange. Seven out of 11 sectoral gauges compiled by NSE traded lower, led by the NSE Nifty Media Index’s 0.56 percent fall. On the flipside, the NSE Nifty IT Index was the top sectoral gainer, up 0.53 percent.
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