Nifty starts week above 10,900, Sensex rises over 200 points; Sun Pharma down 8%
Market opens The market has had a good start on Monday morning, with the Nifty trading above 10,900, while the Sensex gained over 200 points.
Metals are trading strong, followed by consumption and banking names, while IT stocks are performing well too. The Nifty Midcap is up over half a percent.
The Sensex is up 234.77 points or 0.65% at 36429.07, and the Nifty is higher by 54.60 points or 0.50% at 10931.40. The market breadth is positive as 393 shares advanced, against a decline of 116 shares, while 34 shares were unchanged.
Vedanta, Yes Bank, and Hindalco were the top gainers, while Sun Pharma, Hero MotoCorp, and HPCL lost the most.
Rupee Opens: The Indian rupee opened lower by 28 paise at 69.87 per dollar on Monday versus Friday's closing 69.59.
Stocks in the News: Tata Motors, SpiceJet, Maruti, Escorts, Biocon, Laurus Labs, Prakash Industries