The major Indian equity benchmarks started the day on a flat note and indicies were trading bit subdued on the back of some profit booking. This was taking cues from overseas market as minutes of US Federal December policy meeting indicated that central bank's officials were concerned over its soft monetary policy. This has led the Sensex to trade near the level of 19713.23 i.e., down by 51.55 points & the Nifty to trade near the level of 5991.35 i.e.,down by nearly 18.15 points. The midcap & small-cap indices are trading marginally in positive territory . On the sectoral front the indices were trading mixed. Oil & Gas index was trading as the major gainer followed by PSU Index with gains of nearly one percentage point. While Metal index was trading with the highest losses with a loss of more than one percentage point. Further, the market breadth was neutrally placed as one stock was seen advancing for each declining stock.
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