Nifty opens above 11,200, Sensex gains 100 pts; Coffee Day Enterprises sheds 20%
Market Opens: It is a positive start for the Indian indices on July 30 with Nifty above 11,200.
At 09:19 hrs IST, the Sensex is up 136.02 points or 0.36% at 37822.39, and the Nifty up 44.70 points or 0.40% at 11233.90. About 394 shares have advanced, 318 shares declined, and 27 shares are unchanged.
Strides Pharma, Shalby, Zee Entertainment, Tata Motors, ICICI Bank, UPL, JSW Steel Bajaj Finserv, Bharti Airtel, Adani Ports, L&T and Eicher Motors, are some of the major gainers on the indices in the early trade, while losers are Dr Reddy's Lab, Indiabulls Housing, SPARC and Sanofi India.
Among sectors, except IT all other indices are trading marginally higher led by auto, metal, pharma, infra and FMCG.
Rupee Opens: The Indian rupee opened flat at 68.75 per dollar on Tuesday versus previous close 68.73.
Stocks in the news: Dr Reddy's Lab, Axis Bank, Hero MotoCorp, Strides Pharma, Trigyn Tech, MMTC