A benchmark index of Indian equities pared its early morning losses on Wednesday and was flat about half an hour into trade.
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At 9.24 a.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,218.68 points, was at 16,279.46 points, still down 6.86 points or 0.04 per cent from its previous close.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was at 4,869.25 points, against the previous close at 4,870.05 points, a loss of 0.02 per cent.
Broader markets were also in the red with the BSE midcap index trading 0.26 percent down and the BSE small cap index 0.33 per cent lower.