MARKET LIVE: Sensex off lows, down 150 pts; UltraTech Cement surges 3%

Stock market live: Broader markets, however, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 gained upto 0.2 per cent.

Stock market live updates: Equity markets recouped most of their losses in Wednesday's noon trade amid dull global cues. Frontline indices Nifty50 declined 20 points to trade below 17,650 levels and the S&P BSE Sensex dropped 100 points to trade at 59,093 levels.

Broader markets, however, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 gained up to 0.2 per cent.

While Bharti Airtel, IndusInd Bank, HDFC pulled the indices down; HUL, Dr Reddy's, Nestle India helped trim losses.

All sectors plunged in a sea of red with Nifty IT, Nifty Bank, and Nifty Realty indices battered in trade.

Among individual stocks, shares of Paras Defence gained 3 per cent after the company inked pact with Czech Republic's ELDIS Pardubice.