Mumbai, Dec. 23 -- The key equity benchmarks traded near the opening levels in morning trade. Market participants will closely monitoring rupee movement, FII activity, IPO-related developments, and global cues. The Nifty traded above the 26,150 mark.

Metal shares extended gains for a fifth consecutive trading session.

At 10:25 ST, the barometer index, the S&P BSE Sensex declined 67.43 points or 0.08% to 85,504.02. The Nifty 50 index advanced 0.10 points or 0.0% to 26,172.75.

In the broader market, the S&P BSE Mid-Cap index shed 0.01% and the S&P BSE Small-Cap index added 0.35%.

The market breadth was weak. On the BSE, 2,220 shares rose and 1,392 shares fell. A total of 237 shares were unchanged.

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