Market Update- Markets trade with gains. Sensex up 100 points

Indian equities staged a recovery on August 20, followed by index heavyweights. Among sectors, IT, telecom up 1% each, while media, bank, pharma, private bank down 0.3% each. BSE Midcap and smallcap indices are trading with marginal gains. At 11.29 am, Sensex rose by 0.17% or 142 points to 81,796. The Nifty gained 0.17% or 42 points to 25,023.

Asia-Pacific markets fell, tracking Wall Street declines overnight, as investors parsed Japan's trade data and China's loan prime rate decision.

European markets head for negative open as sentiment shifts; UK inflation data ahead.