Sensex, Nifty continue to trade near all-time highs; Cipla down

Epic Update Cipla
Equity benchmarks continued to trade near record highs but the Nifty Bank was under pressure due to correction in private banks.

The 30-share BSE Sensex rose 90.56 points to 31,806.20 and the 50-share NSE Nifty was up 31.10 points at 9,802.15.

The market breadth continued to be positive as about six shares advanced for every five shares falling on the BSE.

State Bank of India gained a percent but private banks – ICICI Bank, HDFC Bank and Axis Bank were moderately under pressure on profit booking.

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