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Sensex, Nifty consolidate; NTPC & GAIL slip 2%, HDFC soars

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The market continued to consolidate for the third consecutive session today ahead of expiry of March derivative contracts (on Thursday). The Sensex rose 48.30 points to 28210.02 and the Nifty advanced 10.50 points to 8553.45. The broader markets were flat too.

Shares of HDFC, Tata Motors and Sun Pharma topped the buying list, up 1-1.6 percent followed by ICICI Bank, HDFC Bank, ITC, Infosys, HUL, Mahindra & Mahindra, Dr Reddy's Labs and Cipla with 0.3-0.9 percent upside.

However, NTPC and GAIL fell more than 2 percent. L&T, Reliance Industries, TCS, ONGC, Axis Bank, Sesa Sterlite, Bharti Airtel, Tata Steel and BHEL were down 0.3-1 percent.

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