Consolidation continued on equity benchmarks, with Sensex trading flat, while the Nifty had a negative bias.
The drag was led by a fall in banks—Nifty Bank and PSU bank index were trading in the red—while pharmaceuticals and FMCG stocks were in the green.
At 10:03 hrs, the Sensex was up 4.74 points at 31453.77, while the Nifty was down 2.25 points at 9791.90. The market breadth was narrow as 1111 shares advanced against a decline of 714 shares, while 68 shares were unchanged.
Sun Pharma, HUL, ITC and Tata Power gained the most, while L&T, Coal India and Bank of Baroda were the top losers.
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