The benchmark indices pared some of morning gains in the noon deals with consumer stocks such as ITC leading, as investor sentiment got a boost after the government last week finalised rates for the upcoming goods and services tax (GST).
The government on Friday unveiled four bands of rates under the GST for services in line with those applying to goods, a big departure from the current single rate of 15% applied on most services.
At 1:15 pm, the S&P BSE Sensex was trading at 30,537, up 72 points, while the broader Nifty50 was ruling at 9,433, up 6 points.
In the broader