The markets have erased almost all its gains, and are now trading flat. The Sensex had touched a high of 18,238 this morning, but is now up just 24 points at 18,137.
The NSE Nifty is up six points at 5,448.
The realty sector seems to a drag along with the metal space. The BSE Realty and metal indices are down around 0.5% each at 3,515 and 15,561, respectively.
The market breadth too is almost neutral - out of 2,825 stocks stocks traded so far, 1,360 have advanced and 1,359 have declined.
Wipro and Reliance Infrastructure have gained around 1.5% each at Rs 422 and Rs 1,146, respectively.
Tata Motors, ITC, Reliance, Larsen & Toubro and SBI are the other prominent gainers.
HDFC Bank and ONGC have declined 1% each to Rs 2,035 and Rs 1,264, respectively.
Reliance Communications, Jindal Steel and HDFC are the other prominent losers.
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