Sensex pares gains to turn flat, Nifty below 9,450; Bharti Airtel top loser

The benchmark indices pared gains in the afternoon trade after hitting record highs for the second straight session on Thursday as investors booked profits in recent outperformers such as Bharti Airtel and Hindustan Unilever, while negative opening in European markets also capped gains. 

At 1:35 pm, the S&P BSE Sensex was trading at 30,273, up 25 points, while the broader Nifty50 was ruling at 9,428, up 21 points.

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices pared intraday gains to turn flat. 

The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,430