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Nifty and Sensex gain marginally as the closing hour approaches. Telecom sector goes strong with Bharti Airtel and Idea taking the lead with 3% and 6% gains.
At 3:00 PM, the S&P BSE Sensex is trading at 32,644, up by 10 points, while NSE Nifty is trading at 10,214 up by 10 points.
The BSE Mid-cap Index is trading up by 0.30% at 16,098.50 whereas BSE Small-cap Index is trading up by 0.52% at 17,063.89.
BPCL, HPCL, Indiabulls Housing Finance, Cipla and Bharti Airtel are among the gainers, whereas Infosys, Tata Motors, Zee Entertainment, Indusland Bank, and Axis Bank are losing steam on NSE.
Panacea Biotec's Baddi unit cleared by Ukraine drug regulator. Stock zooms 8%.
Aurobindo Pharma gets USFDA nod for Nexium generic 24 HR OTC drug. Stock rises 1%.
Godawari Power & Ispat stock soars 5% on additional coal linkage.
Snowman Logistics stock spurts 5% on bagging IKEA deal.
Some buying activity is seen in Energy, FMCG, Industrials, Telecom, Auto, Capital goods, Oil&Gas and Realty while Bank and IT sector show weakness in BSE.
The INDIA VIX is up by 2.12% at 11.31.
Out of 1,972 stocks traded on the NSE, 832 advanced, 807 declined, and 333 remained unchanged today.
A total of 80 stocks registered a fresh 52-week high in trade today, while 23 stocks touched a new 52-week low on the NSE.
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