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Nifty sustains above the 11000 mark convincingly and trades near day high.
The metal stocks continue to outperform followed by the Pharma, PSU Banks and IT stocks.
Only the media stocks are under pressure, Support is now upgraded to 10920 levels for Nifty.
the BSE Sensex was trading at 36,025, up 238 points, while the broader Nifty50 index was ruling at 11,044 up 81 points.
Indoco Remedies up 4%, Reliance growth fund buys stake.
Gujarat Narmada up 4%, operations at Dahej unit resume.
Dr. Reddy's reported price hike in US lifts pharma companies.
Kalapatru Power up 8% on Rs870cr order win.
Oriental Hotels has 1.2 crore shares change hands (6.71% equity) in a single block. Stock rose as much as 10% after the block deal.Volatility index India VIX inched up 3.02% at 15.8575.
Hindalco, Vedanta (+5.1%), Tata Steel (+3.8%), IOC (+2.7%) and GAIL (+2.6%) were the top gainers on Nifty50.
ZEEL (-1.9%), Ambuja Cement (-1.6%), Eicher Motors (-1.5%), Wipro (-1.2%) and Bosch (-1.2%) were the top losers in today’s trade.
Out of 2013 stocks traded on the NSE, 1061 advanced, 614declined and 338 remained unchanged today.
A total of 72 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.
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