Sensex loses early gains amid volatility; HDFC twins, RIL fall

Equity benchmarks erased early gains, with the Nifty trading below 9,850 level, dragged by index heavyweights HDFC, HDFC Bank, Infosys and Reliance Industries.

The 30-share BSE Sensex was down 13.74 points at 31,510.94 and the 50-share NSE Nifty rose 4.80 points to 9,842.20.

The gap between advances and declines narrowed as about 1,186 shares advanced against 1,010 declining shares against 2:1 in early trade on BSE.

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Posted in: Indian Market Tips