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Sensex up 90 points; SBI, Axis Bank stocks down
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Benchmark equity indices erased morning gains on correction in banks, with the Nifty trading below 10,500 mark. The stock market is trading higher for the seventh consecutive session and ahead of Infosys results.

At 2:35 PM, the BSE Sensex was trading at 34,201, up 99 points, while the Nifty50 index was trading at 10,479, up 21 points.

The BSE Midcap and the BSE Smallcap indices were up by 0.32% and 0.21%, respectively.

Premier Explosives, active in the field of explosives and solid propellants, and the French defence company NEXTER, specialized in land systems and ammunition, have decided to tie-up for manufacturing Bi-Modular Charge Systems (BMCS) in order to respond to the needs of the Indian Ministry of Defence. Stock up 2%.

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