Monday 16 October 2017

Sensex gains strength again, Nifty above 10,200; pharma rallies

Sun Pharma to acquire Ranbaxy in $4 billion all-stock deal
Equity benchmarks gained strength again in afternoon, backed by metals, auto, pharma, IT and FMCG stocks. Reliance Industries also cut losses to trade flat.

The 30-share BSE Sensex was up 182.39 points at 32,615.08 and the 50-sahre NSE Nifty rose 53.70 points to 10,221.20.

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