Sensex off day’s high, Midcap index erases gains; Nifty Bank up 150 pts

enchmark indices were off day’s high in afternoon, while the broader markets erased morning gains.


The 30-share BSE Sensex was up 80.04 points at 35,340.33 and the 50-share NSE Nifty rose 11.70 points to 10,828.70.

About two shares declined for every share rising on the BSE. Nifty Midcap index was down 0.2 percent.

Nifty Bank index continued to support the market, rising 150 points, driven by PNB, ICICI Bank, Canara Bank, SBI, Bank of Baroda, Kotak Mahindra Bank and HDFC Bank.

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Posted in: Indian Market Tips