Markets trade flat at midday as Shriram Finance leads gainers, Maruti drops

Market Overview - Benchmark indices traded largely flat with the Sensex down 17.61 points or 0.02% at 83,921.10 and the Nifty up 17.30 points or 0.07% at 25,739.40 [1] Top Gainers - Shriram Finance was the top gainer on the Nifty, surging 5.30% to ₹788.60 [2] - Apollo Hospitals gained 1.92% to ₹7,828.50, Mahindra & Mahindra rose 1.58% to ₹3,542.30, State Bank of India added 1.17% to ₹948, and SBI Life Insurance climbed 1.09% to ₹1,977 [2] Top Losers - Maruti Suzuki was the worst performer, declining 3.35% to ₹15,644 [3] - ITC dropped 1.44% to ₹414.30, Tata Consultancy Services fell 1.23% to ₹3,020.50, Bharat Electronics shed 1.11% to ₹421.35, and Larsen & Toubro slipped 0.95% to ₹3,992.50 [3] Broader Market Performance - Broader markets outperformed benchmarks with Nifty Midcap 100 rising 0.55% to 60,150 and Nifty Next 50 gaining 0.80% to 70,384.30 [4] - Sectoral indices showed strength in banking and financial services, with Nifty Bank up 0.54% at 58,086.70 and Nifty Financial Services advancing 0.55% to 27,287.95 [4] Market Breadth - Market breadth remained positive on the BSE with 2,124 stocks advancing against 1,939 declining stocks out of 4,303 traded [5] - A total of 150 stocks hit their 52-week highs, while 70 touched 52-week lows [5] - Additionally, 212 stocks hit the upper circuit compared to 189 in the lower circuit [5]