Indian equity benchmarks made a flat-to-positive start on Thursday amid mixed global cue with opening at 15238.70 and turned negative in late morning deals, with both Sensex and Nifty trading with notable losses. Negative cues from other Asian markets impacted domestic sentiments. Traders ignored the reports of continuing efforts to improve the ease of doing business in the securities market, Sebi approved a number of proposals, including relaxing minimum public offer requirements and amending norms for portfolio managers. Meanwhile, in order to boost telecom industry, the government has approved a Rs 12,195 crore production-linked incentive (PLI) scheme for telecom gear manufacturing in India. Nifty sectoral indices were trading mixed, with Nifty PSU Bank index gaining 3.3 per cent while Nifty Pharma lost nearly half a per cent: Likhita Chepa, Senior Research Analyst at Capitalvia Global Research Limited