Sensex off day’s high, Nifty hovers around 8250; HDFC Bank drags

Epic Update HDFC Bank



The market lost half of its morning gains due to profit booking in HDFC Bank and Infosys. The Sensex gained 135.25 points at 26875.64 and the Nifty rose 41 points to 8245. Volatility is also gradually rising ahead of expiry of June derivative contracts.
The broader markets marginally outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.7-0.8 percent. About two shares advanced for every share falling on the Bombay Stock Exchange.

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