Benchmark Indices erased some early gains on account of selling pressure in technology and FMCG stocks. HDFC Group stocks continued to support the market.
The 30-share BSE Sensex was up 160.41 points at 28461.68 and the 50-share NSE Nifty gained 41.80 points at 8819.80.
HDFC Bank maintained its leading position in the Sensex, up 5.6 percent after the RBI removed its ban on purchase of shares by FIIs. Sun Pharma gained for second consecutive session, up 2.75 percent on hopes of early USFDA clearance to its Halol facility, especially after Cadila did not get any observations for its Moriaya facility. Wockhardt also rose 3 percent.More Information visit : www.paceresearchindia.com Call : 8817774774
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