Sensex, Nifty, Midcap off day's high; L&T slips ahead of Q2 nos
Equity benchmarks as well as broader markets erased more than half of early gains as traders seem to be using 'sell on rally' strategy due to uncertainty after demonetisation and fears of likely Fed rate hike in December policy meet.
In opening, the Sensex surged more than 200 points after falling for six consecutive sessions but could not sustain all gains for long. The index was up 93.02 points at 25858.16.
