Sensex, Nifty trade in a narrow range; Maruti falls on weak auto sales

Escorts at record high: Escorts said its agri machinery segment in May sold 6,886 tractors, higher by 29 percent over 5,331 units sold in year-ago month. The growth on month-on-month basis was 41 percent, it added.

The stock price surged nearly 2 percent intraday to hit a record high of Rs 706.

Domestic sales for the month of May increased 29 percent to 6,770 units compared with same month last year while exports sales stood at 116 tractors, up by 47 percent over 79 tractors exported in May 2016.

Buzzing Stock: Claris Lifesciences zoomed nearly 12 percent intraday on Thursday after investors cheered the positive developments around US FDA inspection.

The company told the exchanges that the company and its subsidiary underwent a successful US FDA pharmacovigilance audit from May 29-May 31. The regulator did not issue any observations (i483s) for the plant.

arket Check: Benchmark indices were trading in a narrow range, with the Nifty holding 9600-mark.

The Sensex was up 20.95 points at 31166.75, while the Nifty was down 3.20 points at 9618.05. The market breadth was positive as 1,338 shares advanced against a decline of 929 shares declined, and 137 shares were unchanged.

Sun Pharma, Aurobindo Pharma and Hindustan Unilever were the top gainers, while Tata Steel, ICICI Bank, Hindalco and Vedanta lost the most.