Sensex, Nifty erase some gains; Reliance hits Rs 1200-mark

Epic Update Reliance IndustriesEpic Update Reliance Industries
After seeing some likely profit booking in the previous hour, the market moved slightly up. The Nifty still managed to hold on to 8900-mark.
The 30-share Sensex was up 101.80 points at 28863.39, and the Nifty up 17.00 points or 0.19% at 8924.85.
Around 1,119 shares had advanced, while 1,600 shares declined. Meanwhile, 182 shares remained unchanged.
Reliance continued to be the top contributor on the Nifty and contributed close to 48 points.
Meanwhile, Axis Bank and Reliance Industries were the top gainers on the Sensex and Nifty, with gains of around 3 percent and over 9 percent, respectively. Meanwhile, NTPC and Infosys were the top losers on both the indices.

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