The Sensex shaved off more than 100 points after its sharp spike as European markets too slipped a bit from day's high. Index heavyweights Reliance and ONGC turned flat after a rally of one percent. The BSE benchmark Index was up 94 points at 16,131.57 and the Nifty rose 25 points to 4,856.50.
Shares of Tata Steel and Coal India retained their top position in the buying list, shooting up 7% and 5%, respectively. Capital goods majors L&T and BHEL gained 3.4% and 1%.
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