12.10 PM: Benchmark indices erased some of the intraday gains but still trading higher with Nifty above 16200

Benchmark indices erased some of the intraday gains but still trading higher with Nifty above 16200.

The Sensex was up 371.83 points or 0.69% at 54195.19, and the Nifty was up 85.70 points or 0.53% at 16216.50. About 1166 shares have advanced, 1711 shares declined, and 108 shares are unchanged.

HDFC, ICICI Bank, Kotak Mahindra Bank, HDFC Bank and Axis Bank were among major gainers on the Nifty.

News Source:- Moneycontrol

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