Sensex, Nifty hold on to gains; Europe trades higher

Benchmark indices continued to trade strong, with the Nifty trading a tad below 9900.

The Sensex was up 167.90 points at 31878.89, while the Nifty was up 48.80 points at 9875.95. The market breadth was narrow as 1677 shares advanced against a decline of 934 shares, while 146 shares are unchanged.

ITC, Bharti Airtel, Zee Entertainment and Aurobindo Pharma gained the most, while Infosys, HUL, ACC and UltraTech Cement lost the most.

European bourses were higher Wednesday morning as investors took stock of a series of corporate announcements from across the continent.

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