Amidst volatility, Indian equities were trading on a flat note this afternoon.

Realty and Oil & Gas stocks witnessed heavy buying action, while sustained selling pressure was seen across Consumer Durables stocks.

BSE Midcap and Smallcap slipped 0.41% and 0.29% respectively.

At 2:00 p.m., the 30-share index Sensex gained 23.72 points at 8630.80.

Meanwhile the broad based Nifty stood at 2,686, up 13.10 points. It also hit a high of 2,687.45 and a low of 2,653.25.

The overall market breadth was negative. Out of the total 2,332 shares traded at BSE, 929 posted gains, 1,297 went down whereas 109 remained unchanged.

Major gainers in the Sensex pack comprised Grasim Industries (4.50%), Jaiprakash Associates (2.71%), and ICICI Bank (2.07%), Reliance Energy (1.85%).

On the other hand, the major losers in the Sensex were Tata Power Company (-3.15%), Sun Pharmaceutical Industries (-2.23%), Bharti Airtel (-1.88%), I T C (-1.51%) and HDFC (-1.21%).