Sensex, Nifty trade off day’s high points; metal stocks continue to soar

Market Update Equities are a shade off their high points, with the Nifty hovering around 11,300. The Sensex is trading marginally higher.

Among sectors, consumer names are taking a hit, with the Nifty FMCG index trading one-third of a percent lower. Banks, IT and metals, among others are in the green. In the broader markets, the Nifty Midcap index is down 0.30 percent.

The Sensex is up 69.32 points or 0.19% at 37359.99, while the Nifty is higher by 22.60 points or 0.20% at 11301.50.

The market breadth is narrow as 1,129 shares advanced, against a decline of 1,194 shares, while 159 shares were unchanged.

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