Benign reaction to UK poll verdict; Sensex, Nifty trade flat in noon deals

The benchmark indices continued to trade flat with a negative bias as index heavyweight Infosys slipped following a report its founders were preparing to exit the IT bellwether. On the global front, UK poll verdict, which left no single party with a clear claim to power, also hurt the sentiment.   

At 1:00 pm, the S&P BSE Sensex was trading at 31,181, down 32 points, while the broader Nifty50 was ruling at 9,638, down 8 points. 

In the broader market, the S&P BSE Midcap was little changed, while the S&P BSE Smallcap indices outperformed to gain 0.5%. 

The breadth, indicating the overall health