Equity benchmarks as well as broader markets continued to see volatility in afternoon trade as investors are keenly watching the RBI monetary policy that will be announced on April 5. The 30-share BSE Sensex declined 14.97 points to 25254.67 while the 50-share NSE Nifty rose 3.40 points to 7716.45. The market breadth continued to be positive as about 1364 shares advanced against 989 declining shares on Bombay Stock Exchange.
Tata Power and Idea Cellular topped buying list on Nifty, up 6 percent and 4.5 percent, respectively.
Hindalco, M&M, Bharti Airtel, Infosys and Tata Motors gained 1.5-3.5 percent while ITC, ONGC, Axis Bank, ICICI Bank, HDFC, Bharti Infratel and Bank of Baroda fell 1-2 percent.