BSE Sensex trades flat by 31 points in early trade today. The 30-share barometer, which had gained 384.82 points in the previous two sessions, fell by 31.39 points or 0.11 % to 28,063.95.

NSE Nifty declined by 15.20 points or 0.17 to 8,620.45.

As per the brokers said,“trimming of positions by participants to book profits amid a mixed trend at the other Asian markets taking negative lead from US markets and another fall in oil prices ahead of closely watched US and Japanese central bank meetings, influenced sentiments”

In Asian markets, Hong Kong's Hang Seng was up by 0.81 5%, although Japan's Nikkei fell by 1.55 % in early trade today.

The Dow Jones Industrial Average ended 0.42 % lower in yesterday's trade.