Indices trade volatile; media, auto stocks gain

Indian benchmark indices are trading flat amid choppy trade with the Sensex down the Sensex is down 16 at 41665.24, and the Nifty is up 3.10 points at 12,274. (12.45 PM). 

The sectoral trend was mixed amid a lacklustre afternoon session. Nifty Media is leading gainers, while Nifty PSU Bank is lagging the most.

Nifty Media is trading higher by over 1%, led by gains in ZEEL, TV Today, and Zee Media. Nifty Auto is also up 0.7% led by TVS Motor, Bharat Forge, and Bosch.

On the other hand, Nifty PSU Bank is being dragged by Syndicate Bank, Central Bank, and Allahabad Bank.

Top gainers on the indices include TitanVedanta, and UPL, while Reliance Industries, Nestle India, and Bharti Airtel are among the top losers. 

The Indian rupee is trading off day's low, however, it is slightly lower at 71.16/$.

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