On January 12, Indian indices are trading flat after erasing morning losses. At 10.24 am sensex is trading at 104.20 points lower at 49,165.12 while Nifty is trading 16.85 points lower at 14,467.90
The top gainers include GAIL, Tata Motors, Tata Steel, JSW Steel, and Eicher Motors while IndusInd Bank, Kotak Bank, Tech Mahindra, Maruti Suzuki, and Asian Paints led the losses.
Indian rupee opened marginally lower at 73.42 per dollar against the previous close of 73.38, amid volatile trade seen in the domestic equity market.
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