Sensex, Nifty recover; Dr Reddy’s Labs up 7%, PSU Bank slips

Equity benchmarks recouped losses in last hour of trade as the Sensex was down only 4.26 points at 32,396.25 and the Nifty fell 11.40 points to 10,129.75.

The market breadth remained negative as about 1,490 shares declined against 973 advancing shares on the BSE.

Healthcare stocks gained momentum after Dr Reddy’s Labs received establishment inspection report from the USFDA for Formulation Srikakulam Plant (SEZ) unit II, Andhra Pradesh. The stock gained 4.6 percent followed by Sun Pharma, Cipla, Lupin and Aurobindo Pharma.

For more information & more Bank nifty futures tips

Call us ✆ – 0731-6642300 or

Visit http://ift.tt/1k8NnLH

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Follow @Epic_Research

Posted in: Indian Market Tips