Sensex, Nifty Off Day's High; ICICI & ITC Drag, Sun Pharma Up 2%

SBI was up 1.4 percent after the merger of five associate banks received Cabinet approval. State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore rallied 4-5 percent. 

TCS gained 1.7 percent as it says the board of directors will consider buyback of shares on February 20. 

Dr Reddy's Laboratories shares fell 2 percent after it got an unfavourable ruling in a US court regarding a patent infringement case over anti-nausea injection Aloxi. 

ICICI Bank, ITC, L&T, Adani Ports, Asian Paints and Hero Motocorp were down 1-2 percent while Infosys, Sun Pharma and Maruti gained 1-2 percent.


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