Mumbai, April 30 -- The Indian stock markets on Wednesday opened flat, reflecting mixed global cues and cautious investor sentiment.

At the opening of the trade today, the Nifty 50 at the National Stock Exchange (NSE) was down 54.65 points or 0.22 cent, at 24,281.30, while the BSE Sensex was down 163.47 points or 0.20 per cent, at 80,124.91.

In the opening hour of the trade, about 828 shares were seen advancing, about 1224 shares declined, and 137 stocks remained unchanged.

On NSE, the stocks of Dr Reddy's Labs, L&T, Cipla, Tata Consumer, and TCS were among the major gainers on the Nifty.

On the other hand, Bajaj Finserv, Bajaj Finance, Trent, Tata Motors and SBI were the major losers in the initial trading.

In the previous session, ...