In the midday session, key Indian benchmarks remained flat in negative territory, with the Sensex dropping almost 21 points and the Nifty plunging below the 15,750 level. Traders were concerned after foreign portfolio investors (FPIs) sold domestic equities worth Rs 4,502.25 crore on June 14, according to NSE data.

Also Read| Bill Gates says cryptocurrency, NFT based on “greater fool theory”

Asian markets were trading mixed with Taiwan Weighted dropping 48.12 points or 0.3% to 15,999.25, KOSPI fell 45.61 points or 1.83% to 2,447.36, Nikkei 225 slipped 303.70 points or 1.14% to 26,326.16 and Jakarta Composite was down by 72.92 points or 1.03% to 6,976.96. On the other side, Straits Times advanced 15.06 points or 0.48% to 3,123.95, Hang Seng increased 315.11 points or 1.5% to 21,383.10 and Shanghai Composite was up by 50.03 points or 1.52% to 3,338.94.

Also Read| India inflation down by 0.75%: What it means for consumers

The Sensex is presently trading at 52,672.36, down 21.21 points or 0.04% from a low of 52,538.51 and a high of 52,819.79. On the index, there were 13 stocks that advanced and 17 stocks that declined.

Also Read| Wall Street enters bear market: What does it mean for investors

The broader indices were trading in green with the BSE Mid cap index rising 0.56%, while the Small cap index was up by 0.67%. The top gaining sectoral indices on the BSE were Auto up by 1.17%, Consumer Discretionary up by 0.78%, Industrials up by 0.74%, Consumer Durables up by 0.56% and Capital Goods was up by 0.52%, while Energy down by 0.35%, Metal down by 0.31%, FMCG down by 0.26%, TECK down by 0.24%, Oil & Gas down by 0.19% were the top losing indices on BSE.

Also Read| Sensex slips 150 points while Nifty around 15,690 in early trade

The top gainers on the Sensex were Bajaj Finserv up by 3.40%, Bajaj Finance up by 1.43%, SBI up by 1.43%, Mahindra & Mahindra up by 1.15% and Titan Company was up by 0.99%. On the flip side, Tata Steel was down by 3.34%, Hindustan Unilever down by 1.48%, NTPC down by 0.99%, HDFC down by 0.76% and Tech Mahindra was down by 0.75% were the top losers.

Also Read| Stocks that should be on your watchlist on Wednesday, June 15, 2022

The Nifty is presently trading at 15,727.25, down 4.85 points or 0.03% after moving in a range of 15,683.30 and 15,780.15. On the index, there were 25 stocks that advanced and 25 stocks that declined.

Also Read| Fuel price June 15, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi

The top gainers on Nifty were Bajaj Finserv up by 3.24%, Tata Motors up by 2.05%, Hero MotoCorp up by 1.94%, Grasim Industries up by 1.64% and Bajaj Finance was up by 1.41%. On the flip side, Tata Steel down by 3.39%, Hindustan Unilever down by 1.44%, ONGC down by 1.44%, NTPC down by 1.19% and Coal India was down by 1.12% were the top losers.