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The Indian benchmark indices are trading on a flat note this Wednesday morning with the Nifty adding 2 points and is trading just above the 10,700 mark. The Sensex is trading higher by 6 points at 35,384.
Nifty pharma is up close to a percent led by stocks including Cadila Healthcare, Dr Reddy's Labs, GSK Pharma, Lupin and Sun Pharmaceutical Industries.
Metal stocks are weak this morning dragged by stocks like Hindalco Industries, Hindustan Zinc, NALCO and Steel Authority of India, each shedding between 1-2 percent.
PSU banks are also down with PNB shedding 1 percent while Allahabad Bank, Andhra Bank, State Bank of India, Syndicate Bank and Union Bank of India being the other losers.
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