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Sensex trades flat, Nifty back above 8,400; broader markets outpace

BSE Midcap and BSE Smallcap indices registered an uptick of 0.4%, and 0.5%, respectively

Britain votes to leave EU, Cameron quits, markets rocked
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Aprajita Sharma New Delhi
The benchmark indices pared all its initial losses to turn green ahead of goods and services tax (GST) Council meetin due later in the day. The negative trade in Asian markets, however, capped gains.

The wholesale price index-based inflation data, which rose 3.39% year-on-year in December, also impacted the sentiment.  

At 12:41 am, the S&P BSE Sensex was trading at 27,256, up 18 points, while the broader Nifty50 was ruling at 8,402, up 2 points. 

In the broader market, the BSE Midcap and BSE Smallcap indices registered an uptick of 0.4%, and 0.5%, respectively. 

"Going ahead, considering recent