Markets trade flat with Nifty around 18,200

3 Jan 2023 , 02:00 PM

Domestic benchmark indices trading in flat after a gap-down opening on tuesday’s trading session. Both the Sensex and Nifty benchmarks are on a muted zone in the afternoon market session. Moreover, Indian markets may witness volatility among sectors amid weak global cues.

On the sectoral front, banking index outperformed the counterparts. However, FMCG, metals and media stock underperformed by tumbling marginally.

At around 2:00 PM, Sensex was trading at 61,198.27 up by 30.48 points or 0.05%. Nifty 50 traded at 18,205.95 up 8.50 points or 0.05%

Top Bulls on Nifty 50 are: HDFC Life (+4.9%), SBI Life (+2.5%), Axis Bank (+2.3%) supported by TCS (+1.3%) and Tech Mahindra (+0.99%). Meanwhile, top losers on Nifty are: Britannia (-1.75%), M&M (-0.97%), RIL (-0.93%), HUL (-0.89%) and Hindalco (-0.81%).

Further, the online food delivery firm Zomato’s shares fell 2% after the co-founder and Chief Technology Officer Gunjan Patidar resigned from his post.

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