Markets have come off morning lows as gains in SBI and metal major capped losses in heavyweights. At 1040 hrs, the Sensex was down 88 points at 24,717 and the Nifty was down 16 points at 7,385.
Meanwhile, the broader market firmed with both the mid and smallcap indices adding 0.8% each.
Oil & Gas, Auto and Bankex were the only indices in red, down 0.2-0.6%. Defensives like IT and FMCG indices were down 0.1% each.