Sensex, Nifty trade mildly higher; metal stocks decline

After giving up some gains, the market is currently trading mildly higher. The Nifty continues to be below 10,400-mark. Selling pressure is visible among all sectoral indices, barring IT index. Nifty IT is currently up around 2 percent as tech stocks rose due to weak rupee. Metal, pharma and PSU banks are currently the top losers. Among stocks, TCS, Dr Reddy’s and Infosys are the top gainers, while Coal India has lost the most.

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