Sensex, Nifty off record highs; RIL, Vedanta, Maruti top gainers

Equity benchmarks were trading higher but were off record highs. Banks, auto and metal stocks gained while IT, pharma and select FMCG stocks were under pressure.

The 30-share BSE Sensex was up 99.19 points at 34,602.68 and the 50-share NSE Nifty gained 28.10 points at 10,679.30.

About three shares advanced for every two shares falling on the BSE.

TCS fell nearly 1 percent on profit booking. Brokerage houses maintained their ratings following in-line numbers.

Infosys gained 0.5 percent ahead of Q3 earnings later today. A CNBC-TV18 poll expects 1 percent growth in dollar revenue.

Vedanta, IOC and Indiabulls Housing Finance were other gainers.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300