Sensex, Nifty consolidate; Lupin gains 3%, Bharti slips 2%

Equity benchmarks continued to consolidate after a 2-day short covering-led rally. The Sensex gained 4.75 points at 26397.13 and the Nifty rose 7.40 points to 8009.35.
Lupin topped the buying list on Sensex, up 3 percent followed by Sun Pharma, Axis Bank, ONGC, Dr Reddy’s Labs, Cipla and GAIL with 1-2 percent upside. However, Infosys, Bharti Airtel, BHEL, Bajaj Auto and Tata Steel declined 1-2 percent.

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Posted in: Indian Market Tips