Benchmark indices were firm in noon trade with the Sensex up 102 points at 26257, and the Nifty up 14 points at 7964.
Both indices are off their highs for the day. The Nifty had crossed the psychological 8000-mark earlier in the session but could only as far as 8008.
Sun Pharma, Lupin, Wipro and TCS led gainers in the Sensex, up around 2 percent each.
Sentiment for the IT sector in general was not dampened by HCL Tech’s profit warning. HCL shares , however continued to be under pressure and were down 11 percent.
Among other big losers, Maruti shares were down around 2 percent after the company’s September sales grew a tepid 3.7 percent, weighed down by a 27 percent decline in exports.
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