Midday Report: Markets trade flat. PSU banks rally
Indian stock markets are trading flat as gains in banking, metals and IT stocks were countered by losses in FMCG and pharma indices. At 12.49 pm, Sensex fell by 0.1% or 9 points to 48,062. The Nifty dipped by 0.04% or 5 points to 14,401.
Asia-Pacific was mixed on April 23, with the price of bitcoin tumbling below $50,000.
European markets opened slightly lower on April 23, as global stocks wither to end the week, with investors monitoring a slew of economic data and corporate earnings.
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