Tata Steel, JSW Steel, Cipla, IndusInd Bank and M&M were among major gainers on NSE. Markets were trading almost flat after yesterday's strong closing. US markets closed negative on Tuesday.

Geojit Investments has maintained its HOLD rating on IndusInd Bank Limited with a revised target price of Rs 844, representing a modest 10% upside from the current market price of Rs 768.

Tata Steel, Eicher Motors and IndusInd Bank were among major gainers on NSE as overall market sentiment turned positive.

Kotak Mahindra Bank was among major gainers on NSE today after the private sector lender reported lower net profit and interest income. Kotak Mahindra Bank declined 7.3 percent.

Biocon Share price was trading 2.7 percent higher today and the stock is looking bullish on technical charts. Biocon could also see a fresh 52-week high in the coming sessions.

IndusInd Bank Shares were trading 1.6 percent higher on Monday and the stock is showing strength at current levels on technical charts.