Nifty hovers around 11,000, Sensex up 100 points; metal underperform

Equities have staged some recovery and are trading in the green. The Nifty is trading flat, while the Sensex is up around 50 points. 

The Sensex is up 46.46 points or 0.13% at 36370.63, while the Nifty up 2.60 points or 0.02% at 10980.10. The market breadth is negative as 637 shares advanced, against a decline of 1,508 shares, while 116 shares are unchanged.

HDFC, SBI, and GAIL are the top gainers, while Yes Bank, Tata Steel, and Indiabulls Housing have lost the most. 

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