New Delhi, Sept. 18 -- The S&P BSE Sensex and NSE Nifty 50 indexes came off intraday highs in late morning deals as the sharp surge in pharma shares was offset with subdued trading in FMCG, banking, financial services, capital goods and power shares. The benchmarks staged a gap up opening but later turned flat and were trading in a range bound manner. The Sensex traded in a band of 220 points and Nifty 50 index touched an intraday high of 11,584.10 and low of 11,537.55.

As of 1:49 am, the Sensex was up 82 points at 39,062 and Nifty was at 11,569, up 53 points. Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Pharma index's over 5 per cent gain. Nifty Media and Auto and Realty indexes al...