Market Live:
Sensex begins week 100 points higher, Nifty reclaims 10,500; pharma sees cuts
Equity benchmarks began the week on a positive note, tracking positive
global cues.
The Sensex is up 109.15 points or 0.32% at 34251.30, while the Nifty is
up 33.30 points or 0.32% at 10524.30. The market breadth is positive as 510
shares advanced, against a decline of 123 shares, while 102 shares are
unchanged.
Nifty Pharma is likely to be witnessing some profit booking after days of
upmove last week. All other sectoral indices are trading in the green, with
financials and auto leading the pack.
Dr Reddy’s and Sun Pharma are the top losers on both indices, while Tata
Steel, Adani Ports and Vedanta have gained the most.
The
Indian rupee opened higher by 8 paise at 64.65 per dollar on Monday versus
64.73 Friday.
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