The market was off day's high, with the Nifty trading way below the 10,200 levels following mixed trend in other Asian peers after the US Federal Reserve rate hike.
The 30-share BSE Sensex was up 39.79 points at 33,175.97 and the 50-share NSE Nifty rose 7.40 points to 10,162.70.
The broader markets extended losses, with the Nifty Midcap index falling 0.7 percent. About two shares declined for every share rising on the BSE.
All sectoral indices were in the red, with the PSU Bank falling 1.5 percent.
Hadrien Mendonca of IIFL said, "Going forward, we expect the Nifty to consolidate around its 200-DMA before we resume the downtrend."
On the flipside, the Nifty could see a ‘Falling Wedge’ pattern breakout once the index manages to break past the 10,250 zone and closes above the same. Till then, the strategy remains ‘sell on rallies’, he added.
Asian markets traded mixed in what proved to be a choppy session after the US Federal Reserve raised interest rates for the first time this year.
Japan's Nikkei 225 rose 0.95 percent and the South Korea's Kospi index was up 0.26 percent while China's Shanghai Composite and Hong Kong's Hang Seng were down 0.2-0.5 percent.
Missed call
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