Indian markets are trading on a flat note on Thursday. Both Sensex and Nifty were trading above 2-month high. At 1.10 p.m., the Sensex was trading up 13.56 points or 0.05% at 28,034.43 with 17 components gaining.  Meanwhile, the Nifty was trading higher by 14 points or 0.17% at 8,467.05 with 28 components gaining. 

Biggest gainers in the 30-share index were Bharti Airtel  (1.99%), Bajaj Auto (1.90%), Mahindra & Mahindra  (1.82%), Wipro  (1.26%), Hero Motocorp  (1.12%),  and Sun Pharmaceutical Industries  (1.01%).

On the other hand, Tata Motors  (1.16%), Hindalco Industries  (1.06%), Coal India (0.95%), H D F C Bank  (0.94%), Infosys  (0.92%),  and Vedanta (0.80%) were the major losers in the Sensex.

The Oil & Gas index was at 10,044.68, up by 96.90 points or by 0.97%. The Auto index was at 19,065.85, up by 105.04 points or by 0.55%. On the other hand, the Consumer Durables index was at 10,754.69, down by 67.05 points or by 0.62%.

Market breadth was negative with 1,378 advances against 972 declines.