The 30-share Sensex was up 15.53 points at 31,970.88 and the 50-share NSE Nifty fell 1.60 points to 9,898.
The market breadth was moderately positive as about 1,251 shares advanced against 1,146 declining shares on the BSE.
Axis Bank topped the buying list among Sensex stocks, up 3 percent followed by L&T, Reliance Industries, HDFC Bank and ONGC while Infosys, Asian Paints, TCS, Tata Steel, HDFC and ITC were under pressure.
Kotak Mahindra Bank trimmed gains to 0.4 percent from 2 percent after missed analysts’ expectations on profit front.
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