Equities flat in choppy session, Nifty realty gains 1.4 pc

Mumbai: Equities see-sawed but remained in the positive zone during early hours on Wednesday amid positive global cues.

At 10:15 am, the BSE S&P Sensex was up by 9 points at 38,515 while the Nifty 50 edged higher by 7 points to 11,435. Sectoral indices at the National Stock Exchange were mixed with Nifty realty gaining by 1.4 percent.

Among stocks, Bharat Petroleum Corporation gained by 5.3 percent, Zee Entertainment by 4.8 percent, Grasim by 3.1 percent and Wipro by 2.9 percent.

However, mining major Vedanta slipped by 2.3 percent. Adani Ports, Hindalco, GAIL and Cipla also witnessed losses of over 1 percent.

Meanwhile, Asian indices were in the green led by the Japanese Nikkei which gained by 1.24 percent. The scent of a trade deal between the United States and China and earnings surprise by large corporate banks also lifted South Korea’s Kospi by 0.4 percent.

Investors also looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union later this month.