Ways2Capital Morning Update : Sensex Trades Almost Flat, Nifty Reclaims 9500

Benchmark indices were trading flat with a positive bias after opening lower in the first tick, with the Nifty reclaiming 9500.

The Sensex was up 38.98 points at 30621.58, while the Nifty was higher by 0.10 points at 9512.35. The market breadth was still narrow as 1,041 shares advanced against a decline of 865 shares, while 108 shares were unchanged.

Tata Steel, ICICI Bank and Indiabulls Housing were the top gainers on both indices, while Dr Reddy’s Laboratories, Tech Mahindra and ITC lost the most.

Capital First dipped 5 percent intraday on the BSE due to a block deal on the index. It informed the exchanges that Warburg Pincus sold 2 crore Shares, 20% Equity, At Rs 740 per share.

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