Sensex, Nifty, Midcap hold early gains; L&T leads, ICICI weak

Equity benchmarks as well as broader markets remained positive on Asian cues and short covering after 4-day fall. Infra, telecom, auto, FMCG and select banking & financials gained while ICICI Bank, HDFC, TCS and Dr Reddy’s Labs fell.
The Sensex rose 101.75 points to 26497.46 and the Nifty climbed 28.75 points to 8137.60. The market breadth was also positive as about three shares advanced for every share falling on BSE.
L&T, State Bank of India, Bharti Airtel, Hero Motocorp and NTPC gained 1-2.5 percent.


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