Last Updated : Dec 03, 2018 02:09 PM IST | Source:

D-Street Buzz: Midcaps gain led by Jubilant Food; Indiabulls Housing spikes 7%, Sun Pharma most active

The breadth of the market favoured the advances with 931 stocks advancing and 763 declining while 382 remained unchanged. On the BSE, 1247 stocks advanced, 1212 declined and 141 remained unchanged.

Sandip Das @Im_Sandip1

The Indian stock market has managed to turn into the green in this afternoon session with the Nifty50 up 12 points, trading at 10,888 while the Sensex gained 60 points at 36,254.

Nifty midcap is up a percent led by Apollo Hospital, Bank of India, Castrol India, DHFL, JSPL, Jubilant Food and GMR Infra among others.

Infra stocks are also gaining led by Adani Power, CG Power, BHEL, NBCC, NHPC, Power Grid, Reliance Communications, Reliance Power, Tata Power and Vodafone Idea.

Nifty Pharma is down 1.5 percent dragged by Sun Pharma which plunged over 7 percent after news of SEBI may reopen insider trading case. This is followed by Dr Reddy's Labs and GSK Pharma.

The top gainers from NSE include Vedanta, Hindalco Industries, Indiabulls Housing Finance, YES Bank and Power Grid.

The top losers included Sun Pharma, M&M, UPL, HPCL and Zee Entertainment.

The most active stocks were YES Bank, Sun Pharma, Tata Steel, Indiabulls Housing Finance and ICICI Bank.

Adani Power, Apollo Hospitals Enterprises, Dr Reddy's Laboratories and GSS Infotech are some of the few stocks which hit new 52-week high on the NSE.

70 stocks have hit new 52-week low including names like ABG Shipyard, Ashapura Intimates, Amtek Auto, Igarashi Motors, IL&FS Transportation Networks, RAIN Industries, Sun Pharma Advanced Research Company, Tejas Networks and Ujaas Energy among others.

The breadth of the market favoured the advances with 931 stocks advancing and 763 declining while 382 remained unchanged. On the BSE, 1247 stocks advanced, 1212 declined and 141 remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

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First Published on Dec 3, 2018 02:09 pm
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