MUMBAI: Equity indices were largely flat amid volatile trading during early hours on Wednesday following weak global cues. At 10:15 am, the BSE S&P Sensex was down by 46 points at 37,486 while the Nifty 50 edged lower by 13 points to 11,113. 


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At the National Stock Exchange, most sectoral indices were in the negative zone except for auto, financial services and realty.


Among stocks, Yes Bank was down by 8 per cent at Rs 42 per share after gaining for two straight sessions. 


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Titan, Zee Entertainment, HCL Technologies and ONGC too were in the red.However, UltraTech Cement, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra and ICICI Bank showed marginal gains.


Meanwhile, Asian markets were sharply lower as US-China trade frictions persisted even as officials from the two countries meet this week to work out a deal.


MSCI`s broadest index of Asia Pacific shares outside Japan was down by 0.44 per cent. Chinese shares fell by 0.47 per cent while Japan`s Nikkei slid by 0.7 per cent in its biggest decline over a week.


Hong Kong shares fell by 0.52 per cent due to persistent worries about the often violent protest against China`s rule of the former British colony.