Indian equities still trading on a flat note amid weak global cues on Monday. led by increased buying in the banking and realty sector stocks. Meanwhile, investors remained cautious ahead of the Q3 GDP data which will offer latest cues over the health of Asia's third biggest economy.

At 1.14 p.m, the Sensex was trading up 19.89 points or 0.08% at 24,636.86 with 12 components gaining. Meanwhile, the Nifty was trading higher by 9.90 points or 0.13% at 7,499.00 with 26 components gaining.

Major gainers in the 30-share index were Axis Bank (4.59%), State Bank Of India (4.55%), Bharat Heavy Electricals (3.35%), ICICI Bank (1.94%), GAIL (India) (1.83%), and Tata Steel (1.56%).

On the other hand, Tata Motors (1.73%), Oil & Natural Gas Corporation (1.32%), Tata Consultancy Services (1.30%), Dr Reddy'S Laboratories (1.29%), ITC (1.00%), and Tata Power Company (0.91%) were the biggest losers in the Sensex.

Market breadth was negative with 1,454 advances against 901 declines.

Intrasoft Technologies topped the value chart on the BSE with a turnover of Rs. 710.76 million. It was followed by Spicejet (Rs. 709.94 million), Jet Airways (India) (Rs. 627.20 million) and Narayana Hrudayalaya (Rs. 369.88 million).

The volume chart was led by Spicejet with trades of over 8.91 million shares. It was followed by Cals Refineries (6.78 million), Suzlon Energy (6.27 million) and Unitech (3.80 million).