Sensex, Nifty trade flat; Tata Motors, Rain Ind, SBI most active

Benchmark indices continued to consolidate in afternoon, but broader markets outperformed with the Nifty Midcap index rising 0.8 percent. Investors await SBI earnings and the outcome of GST Council’s two-day meeting due tomorrow.

The 30-share BSE Sensex was up 24.57 points at 33,243.38 and the 50-share NSE Nifty gained 2.80 points at 10,306.

Most active shares on the exchanges were Tata Motors & Rain Industries after Q2 earnings, and SBI ahead of numbers due tomorrow.

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Posted in: Indian Market Tips