Indian equities continued to flat in noon trade 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 11.57 a.m, the Sensex was trading up 16.45 points or 0.07% at 24,633.42 with 13 components gaining. Meanwhile, the Nifty was trading higher by 5.90 points or 0.08% at 7,495.00 with 29 components gaining.

Biggest gainers in the 30-share index were State Bank Of India (4.04%), Axis Bank (3.48%), Bharat Heavy Electricals (2.86%), ICICI Bank (2.32%), GAIL (India) (2.12%), and Adani Ports and Special Economic Zone (1.16%).

On the other hand, Tata Motors (1.97%), Dr Reddy's Laboratories (1.64%), Oil & Natural Gas Corporation (1.55%), Tata Consultancy Services (1.43%), Infosys (1.18%), and Cipla (1.08%) were the biggest losers in the Sensex.

Market breadth was negative with 1,363 advances against 795 declines.

Intrasoft Technologies topped the value chart on the BSE with a turnover of Rs. 690.87 million. It was followed by Spicejet (Rs. 610.09 million), Jet Airways (India) (Rs. 476.50 million) and Narayana Hrudayalaya (Rs. 365.09 million).

The volume chart was led by Spicejet with trades of over 7.66 million shares. It was followed by Suzlon Energy (5.53 million), PMC Fincorp (3.20 million) and Unitech (3.19 million).