Tuesday, 19 June 2018

Pharma stocks gain led by Glenmark, DRL; HPCL, BPCL down 2%, ICICI most active

The breadth of the market favoured declines, with 536 stocks advancing, 1003 declining and 503 remaining unchanged. On BSE, 680 stocks advanced, 1057 declined and 76 remained unchanged. The broader indices are trading on a negative note this Tuesday morning with the Nifty down 40 points at 10,759 and the Sensex is trading lower by 111 points at 35,437. Nifty pharma outperforms led by Glenmark Pharma, Dr Reddy's Labs and Aurobindo Pharma. Lupin and Sun Pharma were the other gainers. Nifty midcap was trading lower but individual stocks are buzzing with Bata India and Mcleod Russel India among others. Oil & gas stocks are also trading in the red in the morning trade with BPCL, HPCL and Indian Oil Corporation being the top losers, shedding 2 percent each.


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