The S&P BSE Sensex hovered around 49,250 and the Nifty50 index was testing the 14,500 levels. IndusInd Bank (down 2%) was the top Sensex loser, followed by Kotak Mahindra Bank, PowerGrid, and Asian Paints (all down 1%). On the other hand, both Bharti Airtel and Reliance Industries rose 1 per cent, each.
The Nifty sectoral indices were trading mixed, with the Nifty Metal index, up 2 per cent, leading the gainers.
Karnataka Bank, Tata Elxsi, Steel Strips Wheels are among 10 other firms scheduled to release their December quarter results today.