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The Indian markets were trading flat with a positive bias, tracking mixed cues from their Asian peers.
The S&P BSE Sensex added 50 points at 39,090 levels and the Nifty50 index topped the 11,500-mark. Mahindra & Mahindra, Larsen & Toubro, and Bajaj Auto (all up 3%) were the top Sensex gainers. On the other hand, State Bank of India and Axis Bank were trading half a per cent lower.
Aurobindo Pharma rose 4 per cent in early deals after the company announced its collaboration with Council of Scientific and Industrial Research to develop vaccines to protect against Covid-19.
The trend among Nifty sectoral indices was largely positive, led by Nifty Auto index, up 0.7 per cent.
In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.4 per cent higher, each.
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