Indian equity indices erased opening gains but traded higher, with Sensex up 285.57 points at 72,210.25 and Nifty up 87.75 points at 22,451.10. IT stocks led gains, with TCS and HCL Technologies rising after HCLTech reported a 21.2% rise in Q2 profit. Retail inflation crossed 5% for the first time in the new CPI series, reaching 5.54% in September.
Sensex Gains 200 Points, Nifty Above 22,400 as IT Stocks Rally
Source: Moneycontrol