Sensex, Nifty Give Up Early Gains; Tech Mahindra, Infosys Top Losers

INSUBCONTINENT EXCLUSIVE:
Heavyweights HDFC, ITC, HDFC Bank and SBI contributed most to gains on 30-scrip benchmark index.Domestic stock markets started Friday's
session on a positive note, driven by recovery in auto, metal and banking stocks amid buying by domestic institutional investors.The SP BSE
Sensex surged as much as 191.14points to touch 35,704.85, while Nifty50 barometer of National Stock Exchange climbed 57.15points to
10,729.40.Heavyweights HDFC, ITC, HDFC Bank and SBI contributed most to gains on 30-scrip benchmark index.Top gainers on 50-scrip index were
financial markets were on edge on Friday as weak US economic data added to fears of a global slowdown and pushed investors to bet US Federal
Reserve could reverse policy and start cutting interest rates before end of this year
But nerves were soothed somewhat by news that United States and China would hold vice-ministerial level talks next week on their trade
dispute, with Chinese blue-chip index turning 0.4 percent higher.MSCI's index of Asia-Pacific shares outside Japan dipped 0.1 per cent
lower to near two-month lows, weighed by a drop of about 1 per cent in Australian shares.According to Sunil Sharma, Chief Investment
net basis, foreign portfolio investors (FPIs) sold shares worth Rs 972.81 crore Thursday, while domestic institutional investors (DIIs) were