Markets trade flat as investors await Budget 2017

In the broader market, BSE Midcap and BSE Smallcap indices gained 0.3% and 0.2% respectively

Benchmark indices were trading flat during the early morning trade as investors awauted Union Budget, to be tabled later in the day. Arun Jaitley is likely to boost spending and ease back on cutting the deficit in his fourth budget, as he seeks to lift growth hit by the demonetisation drive.
 
At 10:51 am, the S&P BSE Sensex was trading at 27,675, up 19 points, while the broader Nifty50 was ruling at 8,564, up 4 points.
 
In the broader market, BSE Midcap and BSE Smallcap indices gained 0.21% and 0.24% respectively.

"Yesterday’s slippage saw buying interest from