The Sensex and Nifty were trading higher in early trade Monday, on positive global cues. the BSE Sensex, was up 239.30 points or 0.77% at 31,452.89, while the Nifty50 index was up 76.75 points or 0.79% at 9,787.55. Suzlon Energy (up 9.80), Navkar Corpn (up 7.44) and DLF were (6.72%) the Group-A gainers at this time, among others.
The Sensex and Nifty settled with small gains since positive cues from global stocks. The BSE Sensex, resumed higher by 60.23 points or 0.19% at 32,575.17, while the Nifty index also closed at a peak 37.55 points or 0.37% at 10,114.65 on Tuesday.
The Equity Market has started off the August series on a negative territory, with NSE Nifty slipped below 10,000 marks on correction in banks and healthcare stocks. the country’s largest private banking sector ICICI Bank and major pharma companies Dr Reddy Labs was reported weak result on Thursday for the April – June quarter. Shares of ICICI Bank fell 2.12% to Rs 300.70 and Dr. Reddy’s Laboratories the worst loser after the pharma company reported a decline, down 5.66% at Rs 2,472.00 per share.
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