The benchmark indices were trading flat on Monday as investors stayed cautious ahead of the Reserve Bank of India (RBI)'s monetary policy meet which begins tomorrow, while investors also took cues from the GST Council meet held on saturday, where it cleared the pending rules and decided the rates of tax and cess on the remaining items.
At 10:49 am, the S&P BSE Sensex was trading at 31,280, up 7 points, while the broader Nifty50 was ruling at 9,666, up 13 points.
The S&P BSE Midcap and the S&P BSE Smallcap indices outperformed by rising 0.4% and 0.6%, respectively.
