Sensex, Nifty Open Absolutely Flat, Pharma Stocks Crack - Dollar Advisory & Financial Services

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Tuesday 23 May 2017

Sensex, Nifty Open Absolutely Flat, Pharma Stocks Crack

Equity benchmark indices began the session on a flat note, with the Sensex and Nifty trading with double digit gains.

The Sensex was up 21.25 points at 30592.22, while the Nifty was up 5.30 points at 9443.55. The market breadth was narrow as 447 shares advanced against a decline of 312 shares, while 39 shares were unchanged.

Midcaps gained marginally higher, along with IT and auto indices on the Nifty, while pharma stocks took a hit on the back of negative news flow. Aurobindo Pharma and Sun Pharma fell over 4 percent.

Maruti Suzuki, HDFC, and Asian Paints were the top gainers, while GAIL and Sun Pharma lost the most on both indices.

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