Markets trade volatile, Nifty hovers around 9,100; TCS recovers losses

S&P BSE Midcap index and S&P BSE Smallcap index outperformed to gains 0.2% and 0.3%, respectively

The benchmark indices on Wednesday scuttled between gains and losses amid negative global cues after British Prime Minister Theresa May's surprise decision to call a snap election on June 08. 

At 11:13 am, the S&P BSE Sensex was trading at 29,344, up 25 points, while the broader Nifty50 was ruling at 9,109, up 4 points. 

In the broader market, the S&P BSE Midcap index and the S&P BSE Smallcap index extended gains to rise 0.5% each.

"Traders should keep a close eye on 9,060, which is the 161% retracement of the small up move from 9,120.25 to 9,217.90. On the