Sensex and Nifty opened weaker on Thursday but later stabilized amid mixed global cues. Lagging IT and banking stocks weighed on the market, while FIIs continued selling and traders monitored India-US trade talks and domestic inflation trends.

Mumbai: Equity benchmark indices Sensex and Nifty started the trade on a weaker note on Thursday but later quoted flat in a highly volatile trade amid mixed global cues.

The 30-share BSE Sensex declined 138.36 points, or 0.16 per cent, to 84,328.15 in the morning trade. The broader NSE Nifty slipped 38.50 points or 0.15 per cent, to 25,837.30.

But, later both the benchmark indices were oscillating between highs and lows.

Among the Sensex firms, Tata Motors’ commercial vehicles business, Eternal, Infosys, Tech Mahindra, Mahindra & Mahindra, HCL

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