Sensex, Nifty rangebound; Asia higher, crude oil slips

Benchmark indices remained volatile as investors maintained their cautious stance ahead of December quarter earnings that will kick start this week with Infosys, TCS and IndusInd Bank.

The 30-share BSE Sensex was down 22.42 points at 26736.81 and the 50-share NSE Nifty fell 4.10 points to 8239.70 while the BSE Midcap and Smallcap indices gained 0.3-0.5 percent on positive breadth.

Oil prices fell as Iran increased exports undermining efforts by other oil producers to curb a global fuel supply overhang and as US drillers increased activity for a 10th week.

Brent crude futures, the international benchmark for oil prices, were trading at USD 56.84 per barrel, down 0.46 percent from their last close. US West Texas Intermediate (WTI) crude oil futures were trading at USD 53.71 per barrel, down 0.52 percent.

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