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Sensex trades lower, Nifty hovers around 9,300 on profit-booking

The market breadth, indicating the overall health of the market, turned negative from positive

market flat, sensex, bse, nse, nifty, stock
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market flat, sensex, bse, nse, nifty, stock

SI Reporter New Delhi
The benchmark indices on Friday continued to trade lower as investors booked profits in index heavyweights such as ITC, HDFC, HDFC Bank and Bharati Airtel ahead of a long weekend, but were still on track to post their biggest weekly gain in six weeks.

At 2:53 pm, the S&P BSE Sensex was trading at 29,939, down 90 points, while the broader Nifty50 was ruling at 9,305, down 36 points. 

In the broder market, the S&P BSE Midcap and S&P BSE Smallcap indices outperformed to gain 0.3% and 0.4%, respectively.  

The market breadth, indicating the overall health of the market,