Markets trade flat; RIL surges 6% to its 52-week high

RIL, GAIL, Wipro and Coal India were the top movers on BSE Sensex

Benchmark indices were trading on a flat note tracking global cues as investors stay cautious ahead of US President Donald Trump’s first speech in US Congress on Tuesday.
 
Markets on Thursday (Feb 23) rallied to fresh 52-week highs, but failed to hold on to the gains amid volatility. However, despite slipping, the indices ended the day higher for the sixth consecutive session.
 
At 11:05 am, the S&P BSE Sensex was trading at 28,884, down 9 points, while the broader Nifty50 was ruling at 8,926, down 13 points.
 
In the broader market, BSE Midcap and BSE Smallcap gained