Equities are off their low points, with the Nifty trading around 10,850-mark.

IT stocks continue to be the big gainers, while banks and infrastructure stocks are the top losers. The Nifty Midcap index is trading flat.

The Sensex is down 126.61 points or 0.35% at 36114.39, while the Nifty was down 24.70 points or 0.23% at 10859.10. The market breadth was negative as 1,043 shares advanced, against a decline of 1,151 shares, while 136 shares were unchanged.

Wipro, Infosys, UPL and Indiabulls Housing were the top gainers, while HDFC and Bharti Airtel lost the most.