Sensex Remains Rangebound, Nifty Around 11K; PSU Banks Gain

                                      
Benchmarks are off the day’s high points, as some selling is seen among major sectoral indices. However, a rally in FMCG stocks based on GST rate cut is holding the market from falling. The Nifty FMCG index is up around 2 percent. 

ITC, Asian Paints, and UPL are the top gainers, while Hero MotoCorp and Wipro have lost the most on both indices. 

The Sensex is up 49.26 points or 0.13% at 36545.63, and the Nifty up 22.50 points or 0.20% at 11032.70. The market breadth is positive as 1135 shares advanced, against a decline of 836 shares, while 101 shares are unchanged.

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