BSE SENSEX and NIFTY traded in a range bound session on WEDNESDAY and ended in red erased more than half of yesterday's gains as investors remained on edge and booked profits. Due to weak global cues investors remained cautious and avoided fresh positions in the market. Country's largest software services exporter TCS and IT giant INFOSYS surged almost 1 percent in the morning traded but erased the gains later ahead of 1st Quarter earnings result and ended almost flat. However banking stocks supported the market today as Kotak Bank and Bank of Baroda jumped 1.31 percent and 0.54 percent respectively while Reliance infrastructure and Auto major Tata Motors traded under pressure.
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