Key benchmark indices are trading near flat line amid volatility after scaling record high in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 6.57 points or 0.01% at 48,444.35. The Nifty 50 index was down 2.55 points or 0.02% at 14,196.95.
The S&P BSE Mid-Cap index was up 0.29%. The S&P BSE Small-Cap index was up 0.48%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1469 shares rose and 686 shares fell. A total of 98 shares were unchanged.
The Union Budget for 2021-2022 will be presented on February 1 and President Ram Nath Kovind will address a joint sitting of both the Houses of Parliament on January 29.