9.21 AM: It is a flat start for the Indian indices on May 28.

At 09:18 hrs IST, the Sensex is up 38.88 points at 39722.17, while Nifty is up 16.60 points at 11941.40. About 633 shares have advanced, 272 shares declined, and 45 shares are unchanged.

Yes Bank, Gail India, Adani Port, Zee Entertainment, Coal India, Asian Paints, SBI and Kotak Mahindra Bank are some of major gainers in the early trade, while losers are Emami, HPCL and IOC.

Among sectors, FMCG and PSU bank index are under pressure, while buying seen in the metal, auto, infra and pharma.

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