Markets Live: Sensex, Nifty Fluctuate; Insurance Stocks Gain

• Nifty down 0.2% at 15,084
• Sensex down 0.2% at 51,230
• Nifty Bank down 0.4% at 35,917
• Nifty Midcap index up 0.1%
• Nifty Small cap index up 0.6%
• India Volatility Index up 1.8% to 24.7
• Most sectoral indices trade flat
• Nifty Realty index trades with gains of 1% while Auto index declines 0.5%
• SBI Life is the top Nifty gainer; up 2.4%
• Adani Ports is the top Nifty laggard; down 2.7%
• 988 stocks on the NSE trade with gains while 756 are declining

Indian equities opened little changed in mid-week trade after snapping a six-day gaining streak in the final minutes of Tuesday's session.

The S&P BSE Sensex opened 27 points higher at 51,355 while the NSE Nifty 50 index was up 10 points at the start of trade at 15,119.

Most sectoral indices have also opened flat in today's session. The Metal index is up 1% while the Media index is up 0.4%. Other indices are little changed.

Broader markets have opened higher as compared to the benchmarks. The Nifty Midcap index is up 0.4% while the Small cap index is up 0.5% in the early minutes of trade.

1,052 stocks on the NSE opened with gains while 466 are trading lower.

Good Morning!

Indian equities snapped a six-session winning streak on Tuesday after a near 10% jump since the start of February.

The S&P BSE Sensex fell more than 500 points from the day's high, while the NSE Nifty 50 dropped 150 points.

Futures, however, are indicating a start with gains to Wednesday’s session. The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, rose 0.35% to 15,170 as of 8:15 a.m.

Tata Steel, Akzo Nobel, Mahanagar Gas, among others, may react to their quarterly results reported after market hours on Tuesday.

Four Nifty 50 companies — Eicher Motors, GAIL, Hindalco and Titan — will announce their earnings on Wednesday, along with broader market stocks such as Aurobindo Pharma, Bata, BEML, Happiest Minds Technologies and Indraprastha Gas.

Asian equities have pushed higher after a muted start to the morning trade. Markets in Hong Kong are leading the advance, while China's markets will remain shut for a week due to the Lunar New Year holiday.

Futures on the Dow Jones are trading 100 points higher. The index ended little changed on Tuesday.

West Texas Intermediate crude traded flat at $58.29 per barrel, while bitcoin pulled back from its record high.