Sensex, Nifty hold early gains; Midcap outperforms, HDFC Bank up

Epic Update HDFC Bank
Epic Update HDFC Bank

Equity benchmarks maintained early gains while the broader markets outperformed after two-day consolidation. Healthcare, FMCG and select auto stocks gained while Wipro remained top loser, down 4 percent after disappointing on Q2 guidance and Q1 margin front.

The 30-share BSE Sensex was up 93.90 points at 27881.52 and the 50-share NSE Nifty rose 22.75 points to 8551.30. The BSE Midcap gained 0.6 percent and Smallcap rose 0.4 percent as about two shares advanced for every share falling on the Bombay Stock Exchange.

HDFC Bank, Dr Reddy’s Labs and Hero Motocorp gained more than 1 percent followed by Reliance Industries, ITC and TCS while ICICI Bank, Infosys and Tata Motors were losers.
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