Live Stock Market Updates – Nifty holds 9650 ahead of RBI policy, Cadila Healthcare extends gains

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The BSE Healthcare is the top gaining index in the morning session on Wednesday. It is up by 0.6% at 13895. Cadila Healthcare is contributing majorly to the index gains and lifting it to higher levels.

Cadila Healthcare is up 9.2% at Rs 535.85 per share.

Other stocks in the index such as Vivimed Labs is up by 7% at Rs 112.40 per share, Bliss GVS Pharma is up by 2.8% at Rs 165.25 per share, Suven Life Sciences is up by 2.6% at Rs 189.95 per share, Natco Pharma is up by 2% at Rs 987.90 per share and Glenmark Pharmaceutical is also trading up by 1.4% at Rs 651 per share.

Glaxo, Ajanta Pharma, Lyka Labs and Pfizer are some stocks that are trading in the red territory from the index.

Meanwhile, ICICI Bank and ITC are leading BSE Sensex to a higher level. ICICI Bank is up by 1.6% at Rs 323 per share and ITC is also up by 0.6% at Rs 313 per share.

At 10 AM, the S&P BSE Sensex is trading at 31292 up 102 points, while NSE Nifty is trading at 9661 up 24 points. A total of 22 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.

The BSE mid-cap Index is trading up 0.41% at 14793, while BSE small-cap Index is trading up 0.76% at 15427.

Some buying activity is seen in Healthcare, Auto and Telecom indices, while Information Technology index is showing weakness on BSE.

GAIL, Vedanta, ITC and ICICI Bank are among the gainers, Yes Bank, BPCL, Wipro and TCS are losing on the NSE.
The INDIA VIX is down 1.2% at 10.9.

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