The Nifty50 Index started the week on a subdued note but the stocks which were really shining were the jewellery stocks, the likes of PC Jeweller and Titan Company which were up between 3-4 percent. ICICI Bank was the top gainer in the Index up by 1.08 percent and quoting at Rs 274.90 per scrip while Aurobindo Pharma gained 1.02 percent after the company received the USFDA approval for Moxifloxacin Hydrochloride Ophthalmic Solution.
Among the other pharma gainers, Cipla was up 0.79 percent while Sun Pharma added 0.73 percent. However, Sun Pharma Advanced Research Company (SPARC) in the BSE plunged 13 percent as Baclofen GRS did not meet primary end point in placebo controlled studies.
Jaiprakash Associates clocked the highest traded stock in terms of volumes while on the other hand SPARC topped the list in the BSE Index.
NSE Nifty50 index was up 24.90 points at 10,004.60, while BSE Sensex was up 85.34 points at 31899.56, around the same time. In the BSE, the stock that gained the most was Religare Enterprises up close to 10 percent quoting around Rs 49.90 per share while real estate firm Sobha gained 6.8 percent and Bombay Dyeing was up 4.98 percent.
Among the top losers in the BSE Index, SPARC topped the charts cracking over 11 percent intraday while Adani Enterprises slipped 3.69 percent and Oriental Bank of Commerce fell 2.71 percent.
In the Nifty50 Index, 37 stocks advanced while 12 stocks declined. On the other hand the BSE Index witnessed 1476 advances while 642 stocks declined.
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