Sun Pharma Top Performer On Sensex - Nifty Shares of Sun Pharmaceutical Industries Ltd. was the top performer on Sensex and Nifty. The stock rose as much as 3.2 per cent to Rs 430. The drugmaker’s U.S. subsidiary, Taro Pharma reported its quarterly results for the three months ended December. At 09:18 hrs Sun Pharmaceutical Industries was quoting at Rs 425.95, up Rs 10.55, or 2.54 per cent, on the BSE.
Infosys hits record high;- The stock breaks above resistance at Rs 759.8, the 50 per cent Fibonacci projection level of the uptrend from August 22, 2017 low to October 1, 2018 high. The stock was trading up 15.18 per cent this year as of the last close, compared with the broader NSE index's 0.66 per cent gains in the same period.
Opening Bell: Sensex, Nifty Trade Higher - Sensex and Nifty--opened mildly higher ahead of the RBI Monetary Policy meeting and tracking weak global cues. The Sensex is up 117 points to 37,092.18, while the Nifty is trading above the 11,050-mark. The street will be looking forward to a cut in key policy rates in today's RBI MPC meet. Sun Pharma shares zoomed by more than 2.7% to Rs 426.90 on BSE, while Tata Motors shares price jumped nearly 2%
Rupee Update: Indian rupee is trading lower by 10 paise at 71.65 per dollar against previous close 71.55 per dollar.
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