Equity benchmarks erased some morning gains amid consolidation as investors waited the GST bill that is likely to be tabled in the Rajya Sabha on Wednesday.
The 30-share BSE Sensex was up 70 points at 28,073.47 and the 50-share NSE Nifty gained 14.60 points at 8,651.15 while the BSE Midcap outperformed benchmarks, up 0.4 percent.
HDFC extended losses in noon trade, falling more than 2 percent followed by ICICI Bank (down 1.2 percent), Infosys (down 0.65 percent) and Wipro (down 1.7 percent).
Lupin shares fell nearly 1 percent after the Competition Commission of India imposed penalty on Lupin and Karnataka Chemists & Druggist Association (KCDA) for anti-competitive practice in the state.
ITC and Maruti Suzuki shares rallied 2-3 percent followed by HDFC Bank, Reliance Industries, L&T, HUL and Hero Motocorp.
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