HomeNewsBusinessMarket Update: IT, Pharma index outperforms led by TCS, Glenmark; Adani Ports up 3%; SBI most active

Market Update: IT, Pharma index outperforms led by TCS, Glenmark; Adani Ports up 3%; SBI most active

The market breadth was in favour of the advances with 936 stocks advancing while 746 declined and 362 remained unchanged. On the other hand, in the BSE, 1348 stocks advanced and 1142 declined and 150 remained unchanged.

April 13, 2018 / 13:18 IST
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The Indian equity market continued trading on a positive note on Friday afternoon with the Nifty adding 33 points and was trading just below the 10,500 mark at 10,491 while the Sensex was up 126 points or 0.37 percent.

The CNX IT index was up almost 1 percent led by Tata Consultancy Services and Mindtree which added over 2 percent each followed by Wipro, KPIT Tech and Tech Mahindra.

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The Nifty midcap index gained 0.7 percent led by TVS Motor Company which added 2 percent followed by GMR Infra, Apollo Tyres, CESC, Ashok Leyland, India Cements, Jain Irrigation and Reliance Capital.

Nifty pharma was up close to 1 percent as stocks like Glenmark Pharma and Divis Laboratories gained 2 percent while Aurobindo Pharma, Dr Reddy's Labs and Cadila Healthcare traded higher.