Markets continues to trade lower on weak global cues

In the broader market, the S&P BSE Midcap was trading flat while the S&P BSE Smallcap added 0.2%

Benchmark indices were trading lower tracking global stocks as investors stayed on edge after oil slumped to a seven-month low. US index provider MSCI’s move to add mainland Chinese stocks to one of its key benchmarks dragged the sentiment further.
 
At 12:07 pm, the S&P BSE Sensex was trading at 31,241, down 57 points, while the broader Nifty50 was ruling at 9,622, down 31 points.

"Yesterday’s pull back has signalled that yet another flag pattern may be in motion. So, it might be too early to play the bear side. However, the bear signs are visible now, and