Benchmark indices Sensex and Nifty pared their gains during afternoon trade on November 11 due to various reasons, including profit booking.
At 1:08 pm, the Sensex was up 885.33 points or 1.09% at 81,991.98, and the Nifty was up 235.15 points or 0.94% at 25,279.80. About 2,744 shares advanced, 1,277 shares declined, and 175 shares were unchanged.
Profit booking emerged at higher levels as benchmarks hit eight-month high earlier on November 11.
The Nifty 50 and Sensex have soared 10% and 10.5%, respectively, so far in November, on track for their best month since November 2020 and outperforming emerging market peers.
Sensex fell 550 points from day's high while Nifty was trading below 25,300-mark.