Indices trade flat as banking and financial services stocks struggle; metal stock surge.
BSE Sensex is currently trading at 49,531.45 up 22.3 points or 0.05%.
Nifty50 is currently trading 14,708.30 up 17.60 points or 0.12%. Nifty Bank is trading down 0.16% at 33,249.85 while Mid-cap Index is up by 0.46%.
JSW Steel, Hindalco, Tata Steel, Bajaj Auto and Hero MotoCorp are the top gainers while HDFC Life, M&M, HDFC Bank, Nestle India and HUL are the top losers.
Nifty Metal stocks trade nearly 3% higher to drive morning trade while Banking and Financial Services stocks fall into negative zone.
Out of 50 stocks traded on the NSE, 33 advanced and 17 declined.
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