Markets Shed Gains; Sensex in Green at 34,884, Nifty in Red Business Desk
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Markets Flat After Days of Record Highs; Sensex at 36,149, Nifty Above 11,000

Key equity indices were trading flat on Wednesday with Sensex and Nifty in the red in the opening trade.

Mumbai, Jan 16: The Indian markets on Tuesday opened on a positive note with Sensex and Nifty yet again touching new peaks. At the opening bell, the 30-share BSE Sensex was up by 66.78 points or 0.19 per cent at 34910.29 while the 50-share NSE Nifty was 15.30 points or 0.14 per cent higher at 10756.80.

Bharti Airtel, Bajaj Auto and Tech Mahindra were among the top gainers. Wipro, M&M, Asian Paints were the top losers in opening trade.

At 12:49 pm: Both Sensex have Nifty have shed the gains made during morning trade. Sensex was 40 points up at 34,884 while Nifty was in the red at 10,738.

On Monday, Sensex had closed up 251.12 points at 34843.51, while the Nifty closed up 60.20 points at 10741.50, hitting a fresh record high. The market breadth, however, was narrow as 1541 shares advanced, against a decline of 1416 shares. 300 shares were unchanged.

With inputs from PTI