Nifty slips below 14,700; breadth remains strong

New Delhi, Apr 6 (Agency) The benchmark indices sharply pared gains in afternoon trade as selling emerged at higher levels. At 13:20 IST, the barometer index, the S&P BSE Sensex, fell 4.97 points or 0.01% at 49,154.35. The Nifty 50 index rose 24.35 points or 0.17% at 14,662.15.

Asian Paints (up 3.62%), HDFC (up 0.92%) and Hindustan Unilever (up 1.12%) supported the indices. The broader market traded higher. The S&P BSE Mid-Cap index rose 0.94%. The S&P BSE Small-Cap index added 0.71%. Buyers outnumbered sellers. On the BSE, 1,666 shares rose and 1,090 shares fell. A total of 166 shares were unchanged.