Share Market News – Key benchmark indices opened higher on Monday following positive signals from global markets and led by gains in Infosys, L&T and HDFC. The BSE Sensex was trading at 34,361 levels, up 208 points, while the NSE Nifty50 was ruling at 10,618, up 50 points in the later morning hours.
Shares of Sun Pharma, Lupin, Aurobindo, Cipla and GAIL India were the top gainers on Nifty 50, while shares of Bharti Airtel, Asian Paints, Hindustan Unilver and HCL Tech were the top losers in today’s trade. Shares of L&T touched 52-week high after the company won orders worth Rs. 2265.00 croes.
Jaypee Infratech’s share rose nearly 10 percent on reports that Lodha Group and Tata Housing have filed initial bids to take over the company following its insolvency proceedings.
The Nifty Pharma Index rose 2 percent on expectation of a pickup in earnings. Sun Pharm and Yes Bank were among the top gainers on the Nifty50 Index, on the other side shares of Bharti Airtel were the biggest loser.