Live Stock Market Updates - Nifty, Sensex close to their morning highs; United Spirits gains by 16%
Nifty and Sensex trading close to their morning highs as Pharma, FMCG and Auto Index pose strong gains. Pharma stocks up by 2.5%, lead by strong gains of Sun Pharma, Cipla, and Aurobindo Pharma, while Tata Motors lead the Auto Index.
At 12:49 PM, the S&P BSE Sensex is trading at 33,276, up by 128 points, while NSE Nifty is trading at 10,355, up by 12 points.
The BSE Mid-cap Index is trading up by 0.6% at 16,432 whereas BSE Small-cap Index is trading up by 0.58% at 17,356.
Adani Ports, Sun Pharma, ITC, Bajaj Finance and Tata Motors are among the gainers, whereas YES Bank, Infratel, Bharti Airtel, Indian Oil and HPCL are losing steam on NSE.
Some buying seen in Basic Materials, Healthcare, Industrials, Auto, Utilities, and Capital Goods, while Energy, Telecom, Bank, and Oil & Gas sectors show weakness on the BSE.
The INDIA VIX is down by 2.1% at 11.37.
Out of 1,972 stocks traded on the NSE, 1,007 advanced, 633 declined, and 332 remained unchanged today.
A total of 85 stocks registered a fresh 52-week high in trade today, while 16 stocks touched a new 52-week low on the NSE.
Nifty FMCG index up by 1.5%; UBL (+5%), ITC(+2.5%), Emami(+4%), Godrej (+2%)
Adani Ports up by 4.5% post technical channel pattern breakout above 421 levels
SAIL extends rally for 4th consecutive session. The stock is up over 33% in last 4 sessions, trading at Jan 2015 highs.
Pharma Index up by 2%; Sun Pharma(+3.5%), Aurobindo Pharma (+2.5%), Cadila(+2%).
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