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Equity benchmark indices extended gains in morning trade led by index heavyweights Infosys, HDFC twins and Reliance IndustriesDomestic benchmark indices opened higher today tracking Asian markets and gains in the shares of real estate and information technology companies. Today’s gains were led by Infosys, HDFC twins and TCS.
Nifty Realty Index was up 2% led by gains in the shares of Godrej Properties, Indiabulls Real Estate and Prestige Estate Projects, which were each over 4% higher.
the BSE Sensex was trading at 34,370, up 288 points, while the Nifty50index was trading at 10,562, up 85 points.
Shares of Cipla surged 5.5% after the company's strong growth in Indian operations in October-December. It was the best performer among Nifty50 constituents. PAT grew by 4.8% yoy to Rs404.3cr vs Rs385.8cr in Q3FY17.
Galaxy Surfactants scrip got listed at Rs1,520 on the BSE, a premium of 2.70% over its issue price of Rs1,480.
Uflex stock declines 5.5% after its net profit declined in October-December quarter due to commissioning of Sanand plant.
The BSE MidCap Index gained 1.02%, while the BSE SmallCap Index soared 1.63%.
Volatility index India VIX slipped 5.33% at 18.4275.
Cipla (+5.5%), Infosys (+3.2%), BPCL (+2.8%), Indiabulls HF (+2.5%) and HPCL (+2.4%) were the top gainers on Nifty50.
Vedanta (-1.8%), NTPC (-1.3%), Aurobindo (-0.96%), Hindalco (-0.81%) and Asian Paints (-0.56%) were the top losers in today’s trade.
Out of 2,012 stocks traded on the NSE, 1,397 advanced, 224 declined and 391 remained unchanged today.
A total of 15 stocks registered a fresh 52-week high in trade today, while seven stocks touched a new 52-week low on the NSE.
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