From correspondents in Maharashtra, India, 03:01 PM IST

Indian equities were trading in volatile zone Friday, with a key index 48 points down early afternoon.

At 1.25 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened lower at 16,650.05 points, was down 48.67 points or 0.29 percent at 16,662.44 points.

Around the same time, the S and amp;P CNX Nifty of the National Stock Exchange (NSE) was also trading in the negative terrain at 4,944.55 points, down 0.42 percent.

Broader market indices were trading mixed, with the BSE midcap index ruling 0.03 percent lower but the BSE smallcap index up 0.59 percent.

(Staff Writer, © IANS)