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Sun Pharma In The News

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Sensex trades flat; Bharti, DLF drop

Indian markets continued to drop for the third day on Friday. The Sensex is trading on a flat note with negative bias. Realty, teck and consumer durable stocks edged lower, while healthcare and power gained. At 10.24 a.m., the Sensex was trading down 20.34 points or 0.10% at 20,568.75 with 15 components falling. Meanwhile, the Nifty was trading lower by 0.55 points or 0.01% at 6,193.70 with 27 components falling. The 30-share benchmark index, BSE Sensex opened with a decline of 59.35 points or 0.29% at 20,529.74, while the broad based NSE Nifty started with a rise of 92.10 points or 1.49%, at 6,286.35.

Sensex Movers
Bharti Airtel contributed fall of 14.65 points in the Sensex. It was followed by I C I C I Bank (13.95 points), State Bank Of India (12.9 points), Infosys Technologies (12.39 points) and Larsen & Toubro (11.82 points).However, Housing Development Finance Corporation contributed rise of 20.37 points in the Sensex. It was followed by I T C (6.78 points), H D F C Bank (5.7 points), Sterlite Industries (India) (3.6 points) and Sun Pharmaceutical Industries (3.24 points).Biggest gainers in the 30-share index were Housing Development Finance Corporation (1.69%), Cipla (1.55%), Sterlite Industries (India) (1.05%), Hero Honda Motors (0.95%), Tata Power Company (0.74%), and Reliance Energy (0.71%).
On the other hand, Bharti Airtel (2.68%), D L F (2.08%), Reliance Communications (1.59%), Hindalco Industries (1.07%), State Bank Of India (1.03%), and Larsen & Toubro (0.80%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.30% and 0.63% respectively. The major gainers in the BSE Midcap were Anant Raj Industries (2.27%), Allcargo Global Logistics (1.87%), Ackruti City (1.35%), A I A Engineering (1.09%) and Allahabad Bank (0.76%).
The major gainers in the BSE Smallcap were A B G Infralogistics (3.87%), Aarti Industries (1.85%), Abhishek Industries (1.72%), INEOS ABS (India) (1.38%) and A K Capital Services (0.47%).
Sectors in Limelight
The Realty index was at 3,631.51, down by 42.05 points or by 1.14%. The major losers were D B Realty (2.96%), D L F (2.08%), Phoenix Mills (1.44%), Peninsula Land (0.24%) and Indiabulls Real Estate (0.24%).The TECk index was at 3,723.48, down by 21.8 points or by 0.58%. The major losers were Bharti Airtel (2.68%), D B Corp (1.31%), Infosys Technologies (0.66%), Oracle Financial Services Software (0.42%) and Reliance MediaWorks (0.3%).
The Consumer Durables index was at 7,190.29, down by 36.26 points or by 0.5%. The major losers were V I P Industries (2.69%), Gitanjali Gems (2.26%), Titan Industries (1.28%) and Whirlpool Of India (0.23%).On the other hand, the HC index was at 6,698.76, up by 49.58 points or by 0.75%. The major gainers were Cipla (1.55%), Dr Reddy`S Laboratories (0.86%), Cadila Healthcare (0.84%), Divis Laboratories (0.7%) and Apollo Hospitals Enterprise (0.13%).
Market Breadth
Market breadth was positive with 1,580 advances against 1,006 declines.Delta Corp topped the value chart on the BSE with a turnover of Rs. 637.40 million. It was followed by Coal India (Rs. 449.38 million), Gitanjali Gems (Rs. 428.73 million) and State Bank Of India (Rs. 384.51 million).The volume chart was led by Dynamic Infotel with trades of over 15.06 million shares. It was followed by Delta Corp (4.60 million), Avon Corporation (4.12 million) and Alok Industries (3.72 million).