Sensex consolidates, Nifty around 9650; pharma stocks gain

Benchmark indices were in consolidation mode, with the Nifty hovering around 9650-mark.

The Sensex was down 40.95 points at 31230.33, while the Nifty was down 9.75 points at 9654.15. The market breadth was narrow as 1,237 shares advanced against a decline of 1,203 shares, while 154 shares were unchanged.

Dr Reddy’s Labs and Sun Pharma gained the most, while TCS and GAIL lost the most.

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Posted in: Indian Market Tips