The Sensex was down 47.71 points at 31989.67, while the Nifty was down 19.00 points at 9872.70. The market breadth was negative as 764 shares advanced against a decline of 1,237 shares, while 98 shares were unchanged.
The INDIA VIX is up 0.7% at 11.3. The S&P BSE Sensex is trading at 31,960 down 76 points, while Nifty is trading at 9871 down 19 points.
Infosys announced its Q1FY18 results wherein its revenue stood at Rs 17,892 crore, a jump of 0.2% (QoQ). EBIDTA stood at Rs 5825 crore, a slip of 0.4% (QoQ). Infosys gained 1.22% at Rs 988.20 per share on BSE. TCS dipped after its posted its quarterly results. The stock traded down by 2.2% at Rs 2390.00 per share on BSE. Bank Nifty slipped 115 points or 0.48% at 23,773 level.
BSE Healthcare is the top gaining index in the morning session on Friday. It is up by 1.1% at 14746 level. Sun Pharmaceuticals Industries is contributing majorly to the index gains and pulling it to higher levels. Sun Pharmaceuticals Industries is trading higher by 1.4% at Rs 577.75 per share on BSE.
Other stocks in the index viz. Biocon is up 8.7% at Rs 398.60 per share, Gufic Biosciences is up 6.2% at Rs 76.50 per share, Syngene International is up 5.2% at Rs 499.25 per share, Caplin Point Laboratories is up 4.5% at Rs 770.60 per share and Aurobindo Pharma is up 3.8% at Rs 731.50 per share.
At 10 AM, the S&P BSE Sensex is trading at 31,960 down 76 points, while Nifty is trading at 9871 down 19 points. A total of 35 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.04% at 15,159, while BSE Small-cap Index is trading down 0.28% at 15,918.
Some buying activity is seen in Oil & Gas and Telecom and Energy indices, while Auto, Bankex and Capital Goods indices are showing weakness on BSE.
Aurobindo Pharma, Infosys and Sun Pharmaceuticals Industries are among the gainers whereas TCS, Ambuja Cements and Tata Motors are losing on the NSE. The INDIA VIX is up 0.7% at 11.3.
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