NEW DELHI: Benchmark indices erased gains in Thursday's session after seeing a mixed cues from other Asian markets.
The NSE barometer Nifty50 reclaimed 11,000-mark while the BSE Sensex climbed 100 points, as concerns persist over the move by the Opposition on non-confidence motion against the government.
However, the market barometer turned flat soon on losses in select bank, auto and metal counters.
The NSE Nifty50 index was trading 22 points down at 10,958 around 09:55 am.
The 30-share BSE Sensex was up 16 points at 36,389 around the same time.
Lok Sabha will take up the debate on the no-confidence motion on Friday.
The discussion will be held for the full day, followed by voting on it," Mahajan announced in the House when it reassembled after the lunch break on the first day of the Monsoon Session of Parliament.ONGC rose 1.97 per cent to Rs 163.45.
Mahindra Mahindra, Bharti Airtel, Asian Paints and Hindustan Unilever (HUL) advanced 1.44 per cent, 1.05 per cent, 0.94 per cent and 0.87 per cent, respectively.
Tata Steel declined 1.77 epr cent to Rs 495.75.
Vedanta, SBI and Axis Bank were other index losers.Kotak Mahindra Bank, Bajaj Finance, Bajaj Finserv, ABB, RBL Bank and Sterlite Technologies will be some of the companies that will report their June quarter results on Thursday.
Aditya Birla Money, Sagar CementS, Hatsun Agro product and Omax Autos will also report their first quarter numbers during the day.Meanwhile, Asian shares made early gains on Thursday as upbeat Wall Street earnings supported global investor sentiment, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent, while Japan's Nikkei and the Australian benchmark advanced 0.42 per cent and 0.38 per cent, respectively.