Market Live: Sensex begins week on a good note, Nifty hits 10,800; pharma continues gain
Shares have begun the week on a positive note, with the Nifty trading eyeing 10,800-mark.
The Sensex is up 46.03 points or 0.13% at 35489.70, and the Nifty up 15.50 points or 0.14% at 10783.20. The market breath is positive as 393 shares advanced, against a decline of 151 shares, while 60 shares are unchanged.
Among sectoral indices, pharma, metals and IT stocks are trading higher, while midcaps, too, are seeing good gains.
Dr Reddy’s Labs, Adani Ports, Bajaj Finance and HCL Tech are the top gainers, while ICICI Bank, HUL, and Axis Bank have lost the most.
Asian stocks moved gingerly as a weekend G7 summit fanned trade conflict fears after US President Donald Trump backed out of a joint communiqué in a blow to the group’s efforts to show a united front.
The Indian rupee opened with marginal gain of 4 paise at 67.46 per dollar on Monday versus previous close 67.50.