Sensex gains 85 pts, Nifty tops 14,700; metal stocks drag

Domestic equity benchmarks gave up initial gains on Friday morning amid selling pressure in auto, metal and IT counters, as investors remained cautious about the surging Covid-19 cases in the country. At 9:27 am, the S&P BSE Sensex index traded 2.59 points higher at 48,693.39 while the broader NSE Nifty 50 benchmark quoted at 14,690.90, down 5.60 points or 0.04 per cent from its previous close.

via Economictimes

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