Benchmark indices erased early gains to trade moderately higher. Auto, pharma, select technology, banks and FMCG stocks were under pressure.
The 30-share BSE Sensex was up 4.60 points at 31,226.22 and the 50-share NSE Nifty gained 7.25 points at 9,622.25.
The broader markets continued to outperform benchmarks on positive breadth. About two shares advanced for every share falling on the BSE.
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