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Markets pare gains to turn flat; broader markets outperform

HDFC, HDFC Bank, ICICI Bank and Wipro were the biggest laggards

stock, fall, sensex, down
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stock, fall, sensex, down

Pranati Deva New Delhi
The Benchmark indices pared morning losses to turn flat on the first day of April Series amid muted global cues. Back home, investors stayed cautious awaiting new GST draft rules which will be finalised by the Council later today.

The Nifty index saw a record closing of 9,173 on the last dat of March Series.
 
At 02:04 am, the S&P BSE Sensex was trading at 29,641, down 6 points, while the broader Nifty50 was ruling at 9,175 up 2 points.
 
In the broader market, BSE Midcap and BSE Smallcap gained 0.8%, respectively.

"Push above 9,200 in