Indices ease from day's high; FMCG shares climb
Mumbai, Oct. 13 -- The key equity benchmarks marginally trimmed their gains and traded modestly higher in mid-morning deals, despite easing bond yields, a strengthening rupee and declining Brent crude prices. Investors remained focused on the September-quarter earnings season, with the Nifty slipping below the 22,500 mark.
Market participants will monitor global cues, key US inflation data, the ongoing September-quarter earnings season and foreign institutional investors (FII) flows.
FMCG shares jumped after declining in the past trading session.
At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 395.35 points or 0.52% to 72,301.27. The Nifty 50 index rose 128.50 points or 0.57% to 22,491.85.
In the broader market, the BSE 1...
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