Monday 6 April 2015

Sensex, Nifty rebounds into positive zone

The Volatility index has soared over 9 per cent. CNX Pharma index continues to shine.

The BSE Sensex so far has touched a high and a low at 28,368 and 28,236, respectively. Now, the BSE index is up 15 points at 28,275.

Similarly, the NSE Nifty has touched a high at 8,619 and a low at 8,576. Currently, the 50-scrip index of the NSE is up mere two points at 8,587.

The Volatility index - India VIX - has jumped 9.1 per cent at 14.9100 owing to the uncertainty factor ahead of tomorrow RBI policy meet.



Sectorwise, the CNX Pharma index is the star performer - up 2.8 per cent, whereas the CNX Metal index is the top loser - down nearly 1 per cent.

Among Nifty-50 shares, Sun Pharma has soared 4.4 per cent at Rs. 1,129 after settling patent litigation in US.

Mahindra & Mahindra has jumped 2.4 per cent at Rs. 1,231. Cipla, ACC and Tata Motors have added over 2 per cent each at Rs. 724, Rs. 1,619 and Rs. 570, respectively.

Tech Mahindra, Dr. Reddy's, Cairn India and Idea Cellular are among the major gainers.

On the other hand, HCL Technologies and HDFC have dropped 2 per cent each at Rs. 922 and Rs. 1,311, respectively.

 Tata Steel and Wipro have slipped over 1.5 per cent each at Rs. 319 and Rs. 624, respectively.

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