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MARKET LIVE: Sensex, Nifty trade flat; auto stocks, pvt banks in focus

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SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

Markets continue to rally on RBI policy fillip; Sensex rises 164 points
The Indian were trading flat in Wednesday's range-bound session ahead of the monthly derivative contracts expiry tomorrow.

The S&P BSE gained 72 points at 38,910 levels and the Nifty50 index hovered around 11,500-mark. Bajaj Auto (up 3%) was the top Sensex gainer, followed by PowerGrid, Mahindra & Mahindra, and Bajaj Finserv (all up 2% each). On the other hand, Bharti Airtel dipped 1 per cent in early deals.

All the Nifty sectoral indices were trading in the green, led by Nifty Auto index, up 1.6 per cent.

In the broader market, the S&P BSE MidCap as well as the SmallCap index were both up 0.5 per cent each. 

Results today

On the results front, a total of 31 companies, including and Gillette India, are scheduled to announce their June quarter results today.

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