Sensex jumps over 200 points; Nifty hits 10,600 mark


Equity tips:-


  • Domestic benchmark indices opened higher today, touching their lifetime highs, following positive cues from global markets and led by gains in HDFC, Infosys and Larsen & Toubro.  
  • At 10:35 AM, the BSE Sensex was trading at 34,358, up 204 points, while the broader Nifty50 was ruling at 10,619, up 61 points.  
  • The Nifty Pharma Index rose 2% as investor sentiment remains positive on hope of a recovery in earnings, led by more product launches in the US and better growth in the domestic market.  
  • Shares of Jaypee Infratech rose nearly 10% on reports that Tata Housing and Lodha Group have filed initial bids to take over the company, which is currently under insolvency proceedings.  
  • Shares of Sun Pharmaceutical Industries and Yes Bank were among the top gainers on the Nifty50 Index, while those of Bharti Airtel were the biggest loser.   
  • Shares of Larsen and Toubro touched 52-week high after the company won orders worth Rs2,265cr.  
  • Sobha's sales bookings increased by 92% to Rs750.9cr during the third quarter this fiscal on higher volumes and better average realization. Stock jumped 8%.  
  • The BSE Mid-cap and BSE Small-cap indices were up 0.97% and 0.78%, respectively.  
  • Volatility index India VIX rose 2.74%.  
  • Sun Pharma (+3.9%), Lupin (+2.8%), Aurobindo (+1.7%), Cipla (+1.6%) and GAIL (+1.5%) were the top gainers on Nifty50.  
  • Bharti Airtel (-3%), Asian Paints (-0.64%), Ambuja (-0.22%), HUL (-0.10%) and HCL Tech (-0.09%) were the top losers in today’s trade.  
  • Out of 2,012 stocks traded on the NSE, 1,191 advanced, 441 declined and 380 remained unchanged today.  
  • A total of 132 stocks registered a fresh 52-week high in trade today, while four stocks touched a new 52-week low on the NSE.


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