Markets trade flat after hitting fresh highs; broader markets fall 1%

Sun Pharma fell over 12% on poor Q4 results as it reported a 13.6% year-on-year drop

In a volatile markets, benchmark indices were trading flat hitting fresh highs tracking global markets as S&P 500 and Nasdaq eked out record closing highs. Sensex gained as much as 127 points to hit new hit nre high of 31,155 while Nifty rose 27 points to hit new high of 9,622. The indices surpasseed their record highs hit on Friday.

The indices opened lower on stock specific moves as poor earnigs keep investors cautious. 699 companies will announced today including Bajaj Electricals, BHEL, BPCL, Coal India, Escorts, Jaiprakash Associates, L&T, Max India, NHPC, NTPC and Oil India among others