Indian indices are trading flat with negative bias with Nifty opened below 11,600 level.
At 09:17 hrs IST, the Sensex is down 78.46 points at 38,622.07, while Nifty is down 25.50 points at 11579. About 346 shares have advanced, 341 shares declined, and 28 shares are unchanged.
Bharti Airtel, Zee Entertainment, HCL Tech, Wipro, HUL, Britannia Industries are trading with marginal gains, while lowers are Dhanlaxmi Bank, Asian Paints, BPCL, Sun Pharma, Gail, Kotak Mahindra Bank, Tata Motors HCPL and IOC.
Among sectors, auto, bank, energy and pharma are witnessing some selling pressure, while buying seen in the metal and FMCG stocks.