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Monday, 8 January 2018

Sensex rises 200 points; Pharma, IT Index gain

Benchmark indices continued to trade close to record high levels on the back of sustained buying in pharma, banking & financials, IT and oil & gas stocks.
At 3:12 PM, the BSE Sensex was trading at 34,385, up 231 points, while the broader Nifty50 was ruling at 10,628, up 69 points.
Goa Carbon stock hit 5% upper circuit after it reported strong set of numbers in December quarter. The company revenue rose 160% at Rs187cr.
Venus Remedies rose 20% after the company announced that its share issue will open on Tuesday, through a qualified institutional placement.
The BSE Mid-cap and BSE Small-cap indices were up 1.06% and 1.02%, respectively.
Volatility index India VIX rose 4.34%.
Sun Pharma (+2.8%), Lupin (+2.7%), Coal India (+2.4%), Infosys (+2.3%) and Tech Mahindra (+2.2%) were the top gainers on Nifty50.
Bharti Airtel (-4%.1), ONGC (-0.48%), Power Grid (-0.37%), Asian Paints (-0.27%), and SBI (-0.24%) were the top losers in today’s trade.
Out of 2,021 stocks traded on the NSE, 1,087 advanced, 654 declined and 208 remained unchanged today.
A total of 199 stocks registered a fresh 52-week high in trade today, while seven stocks touched a new 52-week low on the NSE.

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