Equity indices flat on mixed global cues, Hero MotoCorp zooms

Equity indices flat on mixed global cues, Hero MotoCorp zooms

Equity benchmark indices traded at near flat levels in volatile trade during early hours on Wednesday amid mixed global cues and muted trend in Asian peers.

At 10:15 am, the BSE SandP Sensex down by 66 points or 0.17 per cent at 38,778 while the Nifty 50 gained by 3 points or 0.03 per cent at 11,476.

Except for Nifty pharma and PSU bank, all sectoral indices at the National Stock Exchange were in the green with Nifty auto gaining by 1.7 per cent and metal by 0.4 per cent.

Among stocks, Hero MotoCorp accelerated by 4.6 per cent to Rs 3,106.05 per share while Bajaj Auto advanced by 3.9 per cent, Eicher Motors by 1.8 per cent, Tata Motors by 1.7 per cent and Mahindra and Mahindra by 1.5 per cent.

Adani Ports was up by 5 per cent to Rs 363.65 per share and Bajaj Finserv ticked up by 2.2 per cent.

The other major gainers were IndusInd Bank, Axis Bank and Wipro.

However, index heavyweight Reliance Industries fell by 1.5 per cent to Rs 2,049.50 per unit.