Sensex off early high, Midcap outperforms; L&T gains, ITC drags

Equity benchmarks were off day's high in morning due to correction in ITC and HDFC Bank.

However, other heavyweights L&T, Reliance Industries, HDFC and Infosys continued to support market.

The 30-share BSE Sensex was up 66.47 points at 29,234.15 and the 50-share NSE Nifty rose 18.65 points to 9,049.10.

The broader markets continued to outperform benchmarks, with the Nifty Midcap rising half a percent. About three shares advanced for every share falling on the BSE.

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