Sensex up over 100 points; Pharma, Auto Index lead
Benchmark indices held onto their gains from earlier in the session, helped by positive cues from other Asian equities and rise in shares of information technology companies.
At 12:52 PM, the Nifty50 Index was up 30 points, or 0.29% at 10,295 level, while the Sensex was at 33,250 points, up 0.34% or 112 points.
Shares of paper companies rose on reports that China has ordered closure of coal-powered paper plants, which analysts believe can aid margins of Indian companies.
Shares of Tata Motors came off day's low after it informed stock exchanges that it will increase passenger vehicles prices by Rs25,000 each starting January.
Unitech has moved SC against NCLT order suspending company's board of directors. The stock came off intraday highs, and was up 13%.
Gandhi Special Tubes informed exchanges that a meeting of the board of directors is scheduled to be held on December 18, 2017 to consider buy back of the fully paid up equity shares of the company, including matters related/incidental thereto. Stock rallies over 12%.
Alembic Pharmaceuticals today said that the US health regulator has granted fast track designation to its associate company Rhizen Pharmaceuticals SA's RP6530 (tenalisib), used in treatment of cancer.
The BSE Midcap Index and BSE Smallcap Index was up by 0.15% and 0.41%, respectively.
All sectoral indices on the NSE were trading in the green except Nifty Pvt banks Index.
Aurobindo (+2.5%), M&M (+2.03%), Lupin (+1.8%), Coal India (+1.3%) and Sun Pharma (+1.3%) were the top gainers on Nifty50.
Infratel (-1.2%), Indiabulls HF (-1%), ONGC (-0.97%), Adani Ports (-0.95%) and NTPC (-0.89%) and were the top losers in today’s trade.
India VIX gained 4.29% as investors remained anxious over the exit poll predictions of Gujarat assembly elections and the US Federal Reserve's monetary policy meeting later this week.
Out of 2,001 stocks traded on the NSE, 937 advanced, 722 declined and 342 remained unchanged today.
A total of 97 stocks registered a fresh 52-week high in today's trade, while 18 stocks touched a new 52-week low on the NSE.
At 12:52 PM, the Nifty50 Index was up 30 points, or 0.29% at 10,295 level, while the Sensex was at 33,250 points, up 0.34% or 112 points.
Shares of paper companies rose on reports that China has ordered closure of coal-powered paper plants, which analysts believe can aid margins of Indian companies.
Shares of Tata Motors came off day's low after it informed stock exchanges that it will increase passenger vehicles prices by Rs25,000 each starting January.
Unitech has moved SC against NCLT order suspending company's board of directors. The stock came off intraday highs, and was up 13%.
Gandhi Special Tubes informed exchanges that a meeting of the board of directors is scheduled to be held on December 18, 2017 to consider buy back of the fully paid up equity shares of the company, including matters related/incidental thereto. Stock rallies over 12%.
Alembic Pharmaceuticals today said that the US health regulator has granted fast track designation to its associate company Rhizen Pharmaceuticals SA's RP6530 (tenalisib), used in treatment of cancer.
The BSE Midcap Index and BSE Smallcap Index was up by 0.15% and 0.41%, respectively.
All sectoral indices on the NSE were trading in the green except Nifty Pvt banks Index.
Aurobindo (+2.5%), M&M (+2.03%), Lupin (+1.8%), Coal India (+1.3%) and Sun Pharma (+1.3%) were the top gainers on Nifty50.
Infratel (-1.2%), Indiabulls HF (-1%), ONGC (-0.97%), Adani Ports (-0.95%) and NTPC (-0.89%) and were the top losers in today’s trade.
India VIX gained 4.29% as investors remained anxious over the exit poll predictions of Gujarat assembly elections and the US Federal Reserve's monetary policy meeting later this week.
Out of 2,001 stocks traded on the NSE, 937 advanced, 722 declined and 342 remained unchanged today.
A total of 97 stocks registered a fresh 52-week high in today's trade, while 18 stocks touched a new 52-week low on the NSE.
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