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Equity indices flat in volatile trade, metal stocks under pressure

Equity benchmark indices were flat during early hours on Wednesday as investors assessed the economic fallout from fast-spreading coronavirus

New Delhi: Equity benchmark indices were flat during early hours on Wednesday as investors assessed the economic fallout from fast-spreading coronavirus.  At 10:15 am, the BSE S&P Sensex was down by 6 points to 38,618, but the Nifty 50 edged higher by 12 points at 11,316. Sectoral indices at the National Stock Exchange were mixed with Nifty metal losing by nearly 1%, PSU bank by 0.7% and realty by 0.6%.  Among stocks, Tata Steel  lost by 1.9% at Rs 380.30 per share while Vedanta was down by 1.8%, and JSW Steel by 0.9%.