Monday 6 April 2015

Choppy start for Sensex, Nifty

Auto, FMCG, Capital Goods, Healthcare, Realty, PSU indices are the gainers, while Power, Teck, IT and Bankex indices are the losers, 
Bombay-Stock-Exchange-Building

At 9:34 AM, the Sensex was up 14 points to 28,274, and the Nifty was down 3 points to 8,582.

Auto, FMCG, Capital Goods, Healthcare, Realty, PSU indices are the gainers, while Power, Teck, IT and Bankex indices are the losers,

The BSE Mid-cap Index and BSE Small-cap Index was trading flat.

Dr. Reddy’s could be in focus as it is entering into a definitive agreement to acquire a select portfolio of Belgium-based pharmaceutical firm UCB in India for Rs 800 crore. Adlabs Entertainment is expected to make its debut on the stock market today.

India has challenged the allegations of data manipulation levelled by European and French drug regulatory agencies against GVK Biosciences, says a report.

Bosch Ltd is suspending production of various equipment, including diesel products, Saturday at its Bangalore facility in order to minimise operating cost.

Funds flow from foreign institutional investors into Indian markets is expected to remain unaffected even as the Chinese markets have rallied in recent weeks, say experts. In the first three months of 2015, the Shanghai Composite Index has surged 16%, while India's CNX Nifty has given a 3% return

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