Thursday 19 March 2015

Sensex, Nifty pare gains

Pharma, Infra and metal stocks continue to remain firm; Lupin surges over 4.5%. 

After exhibiting a steady movement for more than three hours, the key benchmark indices have pared some more gains in late noon deals.

The Sensex is now up 72-odd points at 28,694, as against the day's high of 28,979. The NSE Nifty is up 25-odd points at 8,711.

The India VIX (Volatility) index has declined over 6 per cent to 14.5575.

The CNX Pharma index remains firm with a gain of over 2 per cent at 13,008. The Infra and Metal indices are also up over a per cent each at 3,300 and 2,418, respectively.

Lupin has extended gains and is now up 4.5 per cent at Rs. 1,959. Asian Paints and Tata Steel have also surged nearly 4 per cent each to Rs. 845 and Rs. 344, respectively.

Gail India has rallied nearly 3 per cent to Rs. 393. Sun Pharma, NTPC, Larsen & Toubro, TCS, Cipla, NMDC and Wipro are the other major gainers.

On the flip side, Punjab National Bank and BPCL have slipped over 1.5 per cent each to Rs. 166 and Rs. 760, respectively.

Tech Mahindra has declined 1.5 per cent to Rs. 690. Bank of Baroda and HCL Technologies are down a per cent each.

A total of 38 stocks have registered a fresh 52-week high so far in trades on the NSE, while 43.

Prominent stocks at 52-week high are Aurobindo Pharma, Bosch, Dabur India, Elecon Engineering, Gillette India, GSK Healthcare, Hitachi Home and Life Solutions, HSIL, Kalyani Investment Company, KRBL, Kaveri Seed Company, Lupin, Mangalam Drugs, Page Industries, PC Jeweller, Pidilite Industries, Rajesh Exports, Ramco Systems Ranbaxy Labs, RPG Life Sciences, Shasun Pharma, Strides Arcolab, Sun Pharma, Triveni Turbine, WABCO India, Wanbury, Wockhardt and Zydus Wellness.

Amtek India, Arvind Remedies, Autoline Industries, Bhushan Steel, Dwarikesh Sugar, Elder Pharma, Globus Spirits, GTL, Indian Metals & Ferro, Jyoti Structures, Man Industries, Mold-Tek Packaging, Phoenix Lamps, Shree Renuka Sugars, Sterling Biotech, Thiru Arooran Sugars, Uttam Value Steels, Varun Shipping and Venus Remedies are the notable stocks to hit a fresh 52-week low. 

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