The S&P BSE Sensex was trading flat after slipping as much as 108 points in intraday trade on Wednesday, led by losses in ITC, TCS, Bharti Airtel, Tata Motors and HDFC Bank.

INDIAN STOCK MARKET
The 50-share Nifty also came under pressure and slipped to its psychological support level of 8250, weighed down by losses in FMCG, IT, capital goods and auto stocks.

MARKET HIGHLIGHT
• Asian equity markets opened mixed on Wednesday, mirroring Wall Street's finish overnight.
• Investors digested the raft of earnings due in the region.
• Also in focus was the Federal Market Open Committee (FMOC) meeting which began on Tuesday.
• Conclude with the release of a post-meeting statement later in the day.

The market has once again opened in negative terrain. The Sensex is down 39.55 points at 27356.83 and the Nifty is down 10.80 points at 8274.80. About 309 shares have advanced, 121 shares declined, and 77 shares are unchanged.

Sun Pharma, Maruti, Wipro, Bajaj Auto and ICICI Bank are top gainers in the Sensex. Among the losers are Bharti Airtel, HUL, Vedanta, Cipla and Tata Motors.

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