Sensex, Nifty weak; IndusInd Bank falls post Q4 results

Equity benchmarks were trading almost flat, with a hint of a negative bias as the market looked for cues from key earnings of IndusInd Bank and Yes Bank.

The Sensex was down 21.68 points at 29297.42, while the Nifty was down 14.85 points at 9090.30. 

The market breadth was very narrow with 1,386 shares advancing against a decline of 1,358 shares, while 172 shares were unchanged.

State Bank of India, TCS, and Aurobindo Pharma were top losers, while NTPC, Adani Ports, Power Grid and Bharti Infratel gained the most.

Private sector lender IndusInd Bank has reported profit at Rs 751.6 crore and net interest income at Rs 1,667.4 crore for the quarter ended March 2017.

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