Nifty off day’s high ahead of expiry; banks, Reliance drag

Epic Update Reliance Industries
Epic Update Reliance Industries

Equity benchmarks erased gains in late trade on selling pressure in Reliance Industries (down 2 percent). Bank Nifty also turned lower after crossing 21000-mark intraday as HDFC Bank, ICICI Bank and SBI slipped more than half a percent.

The 30-share BSE Sensex was up 15.14 points at 28879.85 and the 50-share NSE Nifty rose 8.65 points to 8935.55.

The Bank Nifty staged a recovery as it reclaimed its 21000-mark and eyed an all-time high.

IT stocks Infosys and TCS continued to rule the charts on the Sensex, while Nifty top gainer was Idea Cellular.

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