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Heavy profit booking pare market gains on Tuesday

| | May 17, 2016, at 10:43 pm
#Indian Market # Sensex # Nifty
Mumbai, May 17 (IBNS) Indian markets saw their intraday gains based on positive global cues pared at the close of business on Tuesday as investors booked profits in some index heavyweights from the banking, auto and FMCG sectors.

Sensex was up 120.38 points at 25773.61 and Nifty was up 30 points at 7890.75 as markets closed on Tuesday.

Some of the major gainers on Tuesday were HDFC, Axis Bank, ONGC. Asian Paints, ICICI Bank, M&M and Maruti while HDFC Bank, Reliance Industries, HUL, Infosys and Tata Motors saw a dip in their share prices.

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