Nifty inches towards 8650, Midcap outperforms; ICICI Bank falls

Epic Update ICICI Bank
Epic Update ICICI Bank

Equity benchmarks remained marginally higher in noon trade with the Nifty inching towards 8650 level, supported by auto, pharma and select banks stocks. However, the selling in ICICI Bank, Infosys, ITC and HDFC limited upside.

The 30-share BSE Sensex was up 41.99 points at 27957.89 and the 50-share NSE Nifty gained 25.65 points at 8640.90 while the BSE Midcap and Small cap indices climbed 0.8 percent each on positive breadth. 
About two shares advanced for every shares declining on the exchange.
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