Sensex erases some gains, Nifty holds 9300; cement stocks continue to lead

Benchmark indices witnessed marginal selling pressure after rising over half a percent in the morning session.

The Sensex was up 87.41 points at 29946.21, while the Nifty was up 31.70 points at 9317. 

The market breadth was narrow as 1,556 shares advanced against a decline of 1,031 shares, while 153 shares were unchanged.

Ambuja Cements, ACC, ICICI Bank and ONGC continued to top the gainers chart, while Adani Ports, L&T, BPCL and Hindalco lost the most.

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