Markets have seen flat trades even as profit booking has been seen in banks, ITC and L&T weighed on the indices.
There was some profit booking in midcaps, as the index slipped into the negative territory after a firm opening. Meanwhile, the smallcap index was up 0.2%.
Among the sectoral indices, Consumer Durables, IT and Teck indices gained 1% each. Oil & Gas index added 0.5% while Auto and Health Care indices were marginally up 0.1% each.
Among the ones in red, Capital Goods, Realty and Metal indices slipped by 1% each. Power and FMCG indices gave off 0.4% and 0.3% respectively.
Banking index was down 0.3% ahead of the RBI Policy expected in another couple of hours.