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Nifty Pharma index is trading lower by 24 points at 10473 levels. Cadila Healthcare is the top loser in the index trading lower by 1.2% at Rs 447.7 per share. Bank stocks are buzzing on the bourses on Wednesday. State Bank of India is the top gainer in the index trading higher by 1.5% at Rs 286.3 per share.
The Bank Nifty index is trading higher by 0.3% at 21303 level. There are 859 advances, 683 declines and 381 unchanged stocks on NSE reflecting slightly positive bias floating in the market. At 11 AM, the S&P BSE Sensex is trading at 29477 up 68 points, while NSE Nifty is trading at 9121 up 20 points. A total of 66 stocks registered a fresh 52-week high in trade today, while 22 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.2% at 13933, while BSE Small-cap Index is trading up 0.4% at 14207. Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while Oil & Gas, Energy are showing weakness on BSE.
Bharti Infratel, Tata Power, Asian Paints, State Bank of India and Ambuja Cements are among the gainers, whereas Adani Ports, Tech Mahindra, Aurobindo Pharma, Wipro and Grasim are losing sheen on NSE in the first trading hour.
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