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Sensex extends gains to over 150 points, Nifty nears 10,550; Tata Motors surges 4%

Tata Motors, Sun Pharma, and GAIL are the top gainers, while Vedanta, SBI, and Cipla have lost the most.

Nov 06, 09:49 AM (IST)
Market Update Equity benchmarks have extended their gains, with the Sensex gaining over 200 points. The Nifty is nearing 10,600.

The Sensex is up 225.70 points or 0.65% at 35176.62, while the Nifty is higher by 69.40 points or 0.66% at 10593.40. The market breadth is positive as 1,021 shares advanced, against a decline of 410 shares, while 52 shares were unchanged.

Tata Motors, Sun Pharma, and GAIL are the top gainers, while Vedanta, SBI, and Cipla have lost the most.

Nov 06, 09:25 AM (IST)
Brokerages such as HSBC, Credit Suisse and Citi have downgraded Cipla based on the company’s guidance ahead.

Nov 06, 09:20 AM (IST)
Market opens It’s a green tick on the market on Tuesday morning, with the Sensex rising over 100 points, while the Nifty is above 10,550-mark.

At 09:15 hrs IST, the Sensex is up 118.44 points or 0.34% at 35069.36, while the Nifty is up 37.70 points or 0.36% at 10561.70. The market breadth is positive as 370 shares advanced, against a decline of 113 shares, while 15 shares are unchanged.

Among sectors, automobiles, energy, consumption and metals are trading strong, while there is some subdued movement in the pharmaceutical space. In the broader market, the Nifty Midcap index is up 0.40 percent.

Shares of State Bank of India are higher by a percent, while Cipla is down 4 percent after the company posted poor results for the quarter.

source: moneycontrol.com

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