 "Photo: Shutterstock")
Benchmark indices were trading flat with a positive bias in the noon trade after the Street pared some losses with Nifty hovering around the 9,300 mark.
The indices gained nearly 150 points in the early morning trade but later fell on concerns over corporate results. Ambuja Cements fell over 3.5% after its weaker-than-expected quarterly earnings, although losses were capped as some auto makers rallied after posting jumps in April sales.
At 2:14 pm, The BSE Sensex was trading 2 points down at 29,915 while the broader Nifty50 index was ruling at 9,309, 5 points up.
The midcap
The indices gained nearly 150 points in the early morning trade but later fell on concerns over corporate results. Ambuja Cements fell over 3.5% after its weaker-than-expected quarterly earnings, although losses were capped as some auto makers rallied after posting jumps in April sales.
At 2:14 pm, The BSE Sensex was trading 2 points down at 29,915 while the broader Nifty50 index was ruling at 9,309, 5 points up.
The midcap
