Stock Market LIVE: Sensex, Nifty erase gains amid selling in bank stocks

Stock market updates on Tuesday 09, 2023: Equity benchmark indices trimmed gains in late deals owing to selling pressure in banking stocks. 

The S&P BSE Sensex, which, touched a high of 72,035, was up 150 points at 71,500 levels. The NSE Nifty 50 touched a high of 21,724, and was quoting below 21,600 levels.

IT shares were the top gainers among the Sensex 30. Wipro, TCS, Tech Mahindra and Infosys gained around 1-2 per cent each. Tata Motors, SBI, Tata Steel and Larsen & Toubro were the other notable movers.

Bajaj Auto zoomed over 5 per cent after announcing share buyback at Rs 10,000 per share.

In the broader market, the BSE MidCap and SmallCap indices were also up nearly 1 per cent each.

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