Sensex, Nifty ranged; SBI gains 1% post Q3 nos; Europe higher

SBI
Equity market remained lacklustre in afternoon after SBI reported better-than-expected earnings and stable asset quality in December quarter.
The 30-share BSE Sensex was up 27.25 points at 28356.95 and the 50-share NSE Nifty rose 16.90 points to 8795.30.
SBI was the most active stock on exchanges, followed by ICICI Bank, Oberoi Realty, Aptech, Tata Steel, Grasim, TCS and Infosys.
Adani Ports, TCS, Tata Steel, Infosys, Grasim, Tech Mahindra and Bank of Baroda were leading gainers while GAIL, Cipla, Lupin, ITC, Dr Reddy’s Labs and Aurobindo Pharma were under pressure.
European markets opened higher as investors track earnings and look ahead to the meeting between President Donald Trump and Japanese Prime Minister Shinzo Abe.

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