Wednesday, 13 June 2018

Sensex, Nifty trade higher; Pharma, IT continue to Shine

Today Equity News | Trade Nivesh

Sensex gained close to 100 points. Nifty Pharma index was up 2%.

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BSE and Nifty continued to trade higher, riding on the back of pharma and IT stocks. Sensex gained close to 100 points. Further, the Nifty Pharma index was up 2%, pushed forth by Dr Reddy’s, Cadila, Cipla, etc. TCS and Infosys surged, pushing the Nifty IT index higher.

At 11.05am, BSE Sensex was at 35,802 up 109 points, while NSE Nifty was at 10,872, up 29 points.

BSE Mid-cap Index is trading up 0.40% at 16,216, while BSE Small-cap Index is trading up 0.39% at 17,132.

Cipla (+4.37%), Dr Reddy’s (+4.26%), Sun Pharma (+2.69%), Axis Bank (+2.67%) and Lupin (+2.65%) were the top gainers on NSE.

Indiabulls Housing Finance Ltd. (-1.62%), ONGC (-1.37%), Zee Entertainment Enterprises Ltd. (-1.19%), Tata Steel (-1.17%) and Vedanta Ltd. (-1.12%) were the top losers on NSE.

Some buying activity is seen in healthcare and information technology, while energy, fast moving consumer goods, telecom, utilities, capital goods, metal and oil and gas are showing weakness on BSE.

The India VIX is down 1.00% at 12.6025.

Out of 2,057 stocks traded on the NSE, 636 declined, 988 advanced and 433 remained unchanged today.

A total of 11 stocks registered a fresh 52-week high in trade today, while 29 stocks touched a new 52-week low on the NSE. 

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