Sensex consolidates ahead of F&O expiry, Nifty holds 9100; SBI gains

Equity benchmarks were in a consolidation mode ahead of expiry of March F&O series, with the Nifty just managing to hold on to 9100-mark.

The 30-share Sensex was up 72.10 points at 29481.62, while the Nifty was up 20.85 points at 9121.65. 

The market breadth was narrow as 1,275 shares advanced against a decline of 1,019 shares, while 168 shares were unchanged.

State Bank of India (SBI), Asian Paints, Bharti Infratel and Tata Power were top gainers on both the indices, while Mahindra and Mahindra and Adani Ports were top losers.

Share price of Larsen & Toubro (L&T) gained 1.5 percent intraday Wednesday as its construction arm won an order worth Rs 2400 crore.

The power transmission and distribution business of L&T Construction has bagged major orders worth Rs 2400 crore in the domestic and international markets.

In the Middle East and Africa, the PT&D has secured repeat orders from reputed customers to build 400 kV transmission lines and substations, 33 kV primary substations and related cabling on turnkey basis.

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