Sensex gives up initial gains

The benchmark Sensex turned choppy after its initial surge of 117 points though it's trading higher by 53.98 points on firm value-buying in healthcare, metal, realty, FMCG, capital goods and consumer durable sectors. The 30-share Sensex resumed lower at 27,627.39 and hit a high of 27,762.95 before quoting 27,699.13 at 1140 hrs, up by 53.98 points, or 0.20 per cent. The 50-share Nifty was also up 21 points, or 0.25 per cent, at 8,338.85 at 1140 hours.  The stars were Sun Pharma (up 2.43 per cent), Coal India (1.98 per cent), Bharti Airtel (1.91 per cent) and HUL (1.68 per cent), according to a news agency.