The Indian Equity indices opened on a flat note with a negative bias following weak global cues. Sensex was trading at 17587 with a loss of 46 points while Nifty was trading at 5321 losing 14 points. Sectorally, the indices were seen trading mixed. Banking was the top gainer with over half a percentage points gain while Teck, IT and Auto were lagging with over half a percentage points loss. The market breadth was weak and five stocks were seen advancing against every six declines.
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