Live Stock Market Updates - Sensex Rallies Over 450 Points Metal, Realty Gain

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The Indian stock markets opened higher on Monday after strong jobs data in the US buoyed markets across the globe. The Nifty hit 8,400 level for the first time high in 11-months since August 2015. The BSE Sensex opened 231.33 points up at 27,358, while NSE Nifty opened 90.15 points up at 8,413.35. At 12:58 PM, the S&P BSE Sensex is trading at 27,615 up 485 points, while NSE Nifty is trading at 8,463 up 140 points.

The BSE Mid-cap Index is trading up 1.33% at 12,038, whereas BSE Small-cap Index is trading up 0.95% at 12,090. ICICI Bank, NTPC, Tata Motors, L&T, Bharti Airtel and Hero MotoCorp are among the gainers, whereas Sunrise Asian, Jaiprakash Power Ventures, RattanIndia Power and United Spirits are losing sheen on BSE.

All the sectoral indices were trading in the green.  Some buying activity is seen in auto, realty, metal, FMCG, industrial, telecom, capital goods, banking, utilities, finance, power and oil&gas sectors are showing gainers on BSE. The INDIA VIX is down 1.65% at 14.8325. Out of 1,829 stocks traded on the NSE, 225 declined, 1,221 advanced and 321 remained unchanged today.

A total of 85 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-week low on the NSE. Tata Motors climbed 4% to Rs.483.60 on BSE. Tata Motors Group global wholesales in June 2016, including Jaguar Land Rover, were at 92,551 units, higher by 21%, over June 2015 whereas cumulative wholesales for the fiscal were 2,61,262 units, higher by 12%, over 2015-16.

Sun Pharma gained 1.1% to Rs.787.02 after the company launches Gemcitabine InfuSMART in Europe.InfuSMART is a technology in which oncology products are developed in a Ready-To-Administer (RTA) bag. Until now, compounding of oncology products was done at compounding centres or compounded in hospital pharmacies, an extra step before the medicine can be administered to patients.

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