Nifty holds 9600 amid consolidation; HDFC twins weak, oil stocks gain

Benchmark indices continued to consolidate in morning trade, with the Nifty trading in a range of 20 points due to lack of global and domestic cues.

The 30-share BSE Sensex was up 38.98 points at 31,350.55 and the 50-share NSE Nifty gained 9.25 points at 9,666.80.

HDFC, HDFC Bank, Kotak Mahindra Bank, Lupin and TCS were under pressure while Infosys and Tata Motors continued to be leading contributor to Sensex’ gains.

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