Midday Report- Market trade flat amid volatile

The benchmark indices erased most of their opening losses and were trading flat amid volatility. On the sectoral front, except IT, FMCG, Consumer Durables, capital goods, all other indices were trading in the red. At 1.12 pm, Sensex fell by 0.03% or 21 points to 85,248. The Nifty slipped 0.04% or 12 points to 26,036.

Global Update-

Asia-Pacific markets fell, after Wall Street declined Friday stateside as investors took a breather from the AI trade.

European markets set to start week of central bank meetings in positive territory.