Nifty and Sensex closed flat; Nifty IT is top gainer; Tech Mahindra up by 3.06%.

Nifty opened firmly above the crucial level of 8800 at 8812.35 levels, up by 33.95 points. It then weakened a bit till lunch hours, but later touched a high of 8822.10 levels, up by 43.7 points; however, it closed at 8793.8 levels up by 15.4 points.
 
There were 734 advances, 906 declines and 273 unchanged stocks on NSE, reflecting some negative bias floating in the market.
 
Sensex closed at 28334.25 levels, up by 4.55 points or 0.02%. BSE Mid-cap index showed some weakness and closed at 13468.41 levels, down by 38.20 points or 0.28%. BSE Small-cap index closed at 13601.31 levels, up by 18.42 points or 0.14%.

Nifty IT was the top gainer among the sectoral indices on NSE. The index surged in the closing hours to close at 10372.85 levels, up by 204.95 points or 2.02.
 
Heavyweight player from IT, TCS closed at Rs 2382.9 per share, up by Rs 65.60 per share or 2.83%. Tech Mahindra closed at Rs 499.85 per share, up by Rs 14.85 per share or 3.06%. Infosys closed at Rs 967 per share, up by Rs 21 per share or 2.22%.
 
Grasim was the top gainer in the pack of Nifty 50 stocks, closing at Rs 1014.90 per share, up by 4.13%.

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.

Opening Bell - Markets open strong; Sensex up by nearly 40 points

At 9:15 AM, the BSE Sensex opened higher by 37.47 points at 28367.17, while the Nifty50 opened higher by 41.7 points at the 8820.10 mark.
 
The rupee opened at 66.81 per dollar higher by 4 paise as against its previous close of 66.84 per dollar.
 
There are 956 advances, 445 declines and 388 unchanged stocks on NSE reflecting strong positive bias floating in the market.
 
Over 450 companies are likely to report their quarterly earnings today, including big names such as SBI, M&M, Tata Power, Hindustan Zinc, Sun TV, Bank of Baroda, Bosch and Reliance Capital.
 
SBI is trading at Rs 279 per share up by Rs 3.15 per share; M&M is trading at Rs 1289 per share down by Rs 2.70 per share; Tata Power is trading at Rs 81.50 per share down by Rs 0.10 per share; Sun TV is trading at Rs 736.65 per share down by Rs 1 per share.
 
The European Markets closed in positive territory. FTSE 100 index closed at 7229.50 levels higher by 40.68 points; CAC 40 of France closed at 4826.24 levels, up by 59.64 points; German DAX closed at 11642.6 levels higher by 99.48 points.
 
NASDAQ closed at 5715.18 levels, up by 32.73 points.
 
The Asian Markets are trading in green. Nikkei 225 is trading at 19353.98 levels up by 446.31 points. Shanghai Composite is trading at 3192.41 levels up by 9.23 points. SGX Nifty is trading at 8832 levels, up by 31 points.