Indian benchmark indices were almost flat at midday on Tuesday, October 27, with the Nifty 50 holding above 22,750 as buying in media, realty, pharma and auto stocks offset selling in IT shares, DSIJ reported in its midday update.

Source: DSIJ

At around 12:05 pm IST, the Nifty 50 was trading at 22,763.55, up 10.35 points or 0.05%, while the BSE Sensex slipped 30.97 points or 0.04% to 73,575.78, DSIJ reported. The flat midday trade followed Monday's sharp recovery, when the Nifty closed at 22,753.20, up 0.68%, and the Sensex ended at 73,606.75, up 0.66%.

Source: DSIJ

22,763.55Nifty 50 at midday, up 0.05%
73,575.78Sensex at midday, down 0.04%
+3.66%Nifty Media, top sector
-1.07%Nifty IT, weakest sector

Sector trade was mixed: the Nifty Media index rose 3.66%, Realty gained 1.70%, Pharma 1.64% and Auto 1.40%, while Metal, Energy and PSU Bank also advanced, DSIJ reported. The Nifty IT index fell 1.07%, FMCG slipped 0.30% and Financial Services eased 0.14%, while Bank Nifty was almost unchanged.

Source: DSIJ

Among Nifty stocks, Tata Consumer Products was the top gainer at midday, up 4.86% to Rs 982, followed by Bajaj Auto, Trent, Max Healthcare and Bharat Electronics, DSIJ reported. Earlier in the session, the indices had recovered from the day's lows on value buying, with the Sensex up 30.42 points at 73,637.17 and the Nifty up 32.05 points at 22,785.25 by 10:02 am, Business Times reported citing IANS, adding that about 2,597 shares advanced against 751 declines.

Source: Business Times (IANS)

The Hindu BusinessLine's live market coverage also described trade on October 27 as flat, with the Sensex near the previous close and Tata Consumer among the strongest stocks. This is a market update, not investment advice.

Source: The Hindu BusinessLine