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IT, financials drag Sensex, Nifty; ITI & ADF Foods zoom 20%; Tata Motors up 5%

Sensex, Nifty extend gains for 6th day; Bombay Burmah Trading, Landmark, PFC jump up to 15%

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Benchmarks trade near flat line

Indices pared early gains and traded near the flat line in morning trade. The Nifty slipped the 14,650 level. Metal and auto stocks saw buying while PSU banks and IT shares came under selling pressure. Rising Covid-19 cases in India spoiled investors sentiment. At 10:30 IST, the barometer index, the S&P BSE Sensex, fell 0.39 points to 48,677.67. The Nifty 50 index was up 13.30 or 0.09% at 14,631.15. In broader market, the S&P BSE Mid-Cap index was up 0.13% while the S&P BSE Small-Cap index gained 0.07%. The market breadth, indicating the overall health of the market, was strong. On the BSE, 1386 shares rose and 1145 shares fell. A total of 121 shares were unchanged.

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