Markets at day's low, Nifty fails to hold 8,800; Coal India down 2%

GAIL, Adani Ports, Tata Steel and Infosys were the top gainers on BSE Sensex

Benchmark indices pared gains to turn flat after opening on a higher note today following Asian markets and Wall Street hitting record high on Friday.
 
Investors awaited CPI and WPI inflation data which will be released later today after the factory output contracted 0.4% in December.
 
At 12:05 pm, the S&P BSE Sensex was trading at 28,258, down 75 points, while the broader Nifty50 was ruling at 8,768, down 25 points.
 
In the broader market, BSE Midcap and BSE Smallcap fell 0.3% and 0.4% respectively.

"Though volatility had dominated last week’s trades, lower ranges were held