Equity benchmark indices declined in the early trade on Thursday. Later, they were trading marginally higher.
The 30-share BSE Sensex dropped 264.7 points to 72,497.19, while the Nifty declined 80.2 points to 21,917.50.
At 10:20 am, Sensex was trading 20.76 points higher at 72,782.65, whereas Nifty was trading 24.50 points up at 22,022.20.
From the Sensex pack, Bajaj Finance, Tata Steel, JSW Steel, Tata Consultancy Services, Bajaj Finserv, Tech Mahindra, Titan, and HDFC Bank were the major laggards.
Mahindra & Mahindra, Reliance Industries, Larsen & Toubro and Nestle were among the gainers.