Benchmark indices were trading flat with a negative bias on Friday as investors booked profit after four days of continuous upmove.

The S&P BSE Sensex slid 40 points, or 0.1 per cent, at 41,270 levels. Tata Steel and PowerGrid (both down 1%) and Sun Pharma (down 0.8%) were the top laggards in the Sensex pack. On the other hand, Hero MotoCorp and NTPC (both up 2%) gained the most.

The broader Nifty50 index slipped 20 points, or 0.17 per cent, at 12,120 levels.

Majority of the Nifty sectoral indices were trading in the red. Nifty Realty index dipped 1 per cent and Nifty Metal index was down 0.7 per cent. On the other hand, Nifty IT index was up 0.4 per cent.

In the broader market, the S&P BSE MidCap index was trading flat while the S&P BSE SmallCap index zoomed 70 points, or 0.5 per cent.

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