Ways2Capital Morning Update : Sensex, Nifty Tepid

Benchmark indices as well as broader markets continued to consolidate amid low volumes at FIIs desk. Banking & financials and telecom stocks gained while FMCG and infra stocks were under pressure.
The 30-share BSE Sensex rose 38.54 points to 26346.52 and the 50-share NSE Nifty gained 8.30 points at 8090.70 amid consolidation. The market breadth was positive as about 1071 shares advanced against 754 declining shares on the BSE.
HDFC, Infosys, ICICI Bank, SBI and Axis Bank continued to support the market while TCS, ITC, HDFC Bank, Tata Motors and L&T were under pressure.
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