After roaring run up, the benchmark indices wiped out more than 2.5% gains in the last one hour of the trade and ended the day marginally higher amid choppy trade. Shares of banking, telecom, capital goods and private power companies, heavyweight and ONGC helped the indices to close higher. However, the sell-off in metal, FMCG, auto, pharma stocks as well as stocks like Reliance Industries, NTPC, DLF, Wipro and ACC capped the gains.
The Sensex was up 105 points, to 11,052 and the Nifty went up 27 points, to 3397 (provisional figures).
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