The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points.

All the sectoral indices are trading in the red, with FMCG, IT, and realty being the major drags. Axis Bank, Bharti Airtel, ITC, ONGC, and HCL Tech were among the major gainers on the Nifty, while losers were Shriram Finance, Infosys, Maruti Suzuki, Bajaj Auto, and M&M.