Friday 10 February 2017

Live Stock Market Updates: Nifty hovering around 8800; Aurobindo drags BSE Healthcare index .

Aurobindo Pharma is down, dragging the Healthcare index along with it, and is contributing nearly 42% to the index's losses. The index is trading at 15210.87 level, down by 61.60 points or 0.40%.
 

On Thursday, Aurobindo Pharma had registered a 6.29% rise in its consolidated net profit at Rs 578.59 crore for Q3 as compared to Rs 544.31 crore (YoY).

Major stocks in the index are trading in red, where Aurobindo Pharma is down by 3.07%, Lincoln Pharma is down by 1.93%, Neuland Labs is down by 1.72%, Lupin is down by 1.36% and Jubilant Life Sciences is down by 1.32%.

Whereas, Alembic Ltd., is up by 9.68%, Vivimed Labs is up by 5.00%, SMS Pharma is up by 2.60%, Natco Pharma is up by 1.37% and Lyka Labs is up by 1.25%.

At 1:00 PM, the S&P BSE Sensex is trading at 28368.85 up 39.15 points, while NSE Nifty is trading at 8796.35 up 17.95 points. A total of 66 stocks registered a fresh 52-week high in trade today, while 7 stocks touched a new 52-week low on the NSE.
 

The BSE Mid-cap Index is trading down by 0.12% at 13490.72, whereas BSE Small-cap Index is trading up 0.41% at 13638.97.

Some buying activity is seen in Capital Goods, Consumer Durables and Information Technology while Oil & Gas, Energy, FMCG, Healthcare are showing weakness on BSE.

Grasim, Bank of Baroda, Tech Mahindra, Adani Ports, and SBIN are among the gainers, whereas Aurobindo Pharma, ZEEL, Cipla, BPCL and Lupin Pharma are losing sheen on NSE.

The INDIA VIX is down 0.05% at 13.22.

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