Markets trade flat in a choppy session; Axis Bank down 2% on results

Broader sentiment remained positive, given hopes for improving profits and accelerating growth

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Benchmark indices extended losses in the afternoon deal after hitting record highs the previous day as investors took a breather and booked profits ahead of April F&O expiry.
 
Global markets also eased as a long-awaited US tax cut plan unveiled by Donald Trump on Wednesday failed to inspire investors. Europe also opened lower as investors waited to hear from European Central Bank President Mario Draghi and digested fresh corporate earnings.
 
Nifty, yesterday hit an all-time high of 9,367 for the second straight session on