The Market erased some gains in afternoon trade, ahead of expiry of February Nifty derivative contracts. The Sensex was up 122.97 points at 28987.68, while the Nifty rose 40.80 points at 8967.70. The market saw some selling pressure after 1,298 shares advanced, while 1,366 shares declined. About 200 shares were unchanged. The Bank Nifty staged a recovery as it reclaimed its 21000-mark and eyed an all-time high. IT stocks Infosys and TCS continued to rule the charts on the Sensex, while Nifty top gainer was Idea Cellular.
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