Sensex, Nifty Little Changed In Cautious Trade; Pharma Stocks Gain

RTTNews | 641 ngày trước
Sensex, Nifty Little Changed In Cautious Trade; Pharma Stocks Gain

(RTTNews) - Indian shares were marginally lower on Friday in the absence of Wall Street cues and muted cues from other Asian markets.

The benchmark S&P BSE Sensex was down 24 points at 65,993 in early trade, while the broader NSE Nifty index was down 4 points at 19,797.

Among the prominent decliners. Wipro, BPCL, Apollo Hospitals Enterprise and Tata Motors were down around 1 percent each.

Lupin climbed 2 percent on receiving the U.S. FDA approval to market Canagliflozin tablets and Bromfenac Ophthalmic Solution in the American market.

Peers Sun Pharma, Divis Laboratories and Dr Reddy's Laboratories were up between 0.7 percent and 1.7 percent.

Prestige Estates Projects declined 1.4 percent after launching a high-rise residential project in Bangalore's IT hub.

LTIMindtree rose about half a percent after it launched a quantum-safe virtual private network (VPN) link in London.

Paytm fell 2.6 percent after a large block deal.

Cipla rallied 1.8 percent as HSBC maintained a buy rating on the stock.

RailTel Corporation of India was moving lower despite receiving a work order from Gujarat Informatics.

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Indonesia Bourse May Hand Back Monday's Gains

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Hong Kong Shares May Be Stuck In Neutral On Tuesday

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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