Share/Stock Live Updates: The benchmark equity indices on the BSE and National Stock Exchange (NSE) gave up most of their gains from lifetime highs and were trading in a narrow range with some positive bias in the afternoon deals on Friday.
At 2:06 pm, the S&P BSE Sensex was trading 70.03 points (0.12 per cent) higher at 59,211.19 while the Nifty 50 was at 17,637.50, up 8.00 points (0.05 per cent).
Earlier in the morning trade, the Sensex had touched a record high of 59,737.32, while the Nifty has scaled 17,792.95. Both the topline indices had opened nearly 0.5 per cent higher at record highs earlier in the day.
Kotak Mahindra Bank, Bajaj Finserv, Bajaj Finance, Bharti Airtel, Maruti Suzuki India, Nestle India were among the top gainers in afternoon deals on the Sensex while Tata Steel, State Bank of India (SBI), ICICI Bank, NTPC, Ultratech Cement and Sun Pharmaceutical Industries were among the laggards.
Nifty Financial Services index was trading nearly 0.5 per cent higher led by Mahindra & Mahindra Financial Services, Kotak Mahindra Bank and Bajaj twins – Bajaj Finserv and Bajaj Finance. On the other hand, the Nifty Metal index was down over 2 per cent dragged by Steel Authority of India, Tata Steel and Coal India.
(with inputs from agencies)