Domestic benchmark indices opened higher today, touching their lifetime highs, following positive cues from global markets and led by gains in HDFC, Infosys and Larsen & Toubro.
The BSE Sensex was trading at 34,358, up 204 points, while the broader Nifty50 was ruling at 10,619, up 61 points.
The Nifty Pharma Index rose 2% as investor sentiment remains positive on hope of a recovery in earnings, led by more product launches in the US and better growth in the domestic market.
Shares of Jaypee Infratech rose nearly 10% on reports that Tata Housing and Lodha Group have filed initial bids to take over the company, which is currently under insolvency proceedings.
Shares of Sun Pharmaceutical Industries and Yes Bank were among the top gainers on the Nifty50 Index, while those of Bharti Airtel were the biggest loser.
Shares of Larsen and Toubro touched 52-week high after the company won orders worth Rs2,265cr.
Sobha's sales bookings increased by 92% to Rs750.9cr during the third quarter this fiscal on higher volumes and better average realization. Stock jumped 8%.
The BSE Sensex was trading at 34,358, up 204 points, while the broader Nifty50 was ruling at 10,619, up 61 points.
The Nifty Pharma Index rose 2% as investor sentiment remains positive on hope of a recovery in earnings, led by more product launches in the US and better growth in the domestic market.
Shares of Jaypee Infratech rose nearly 10% on reports that Tata Housing and Lodha Group have filed initial bids to take over the company, which is currently under insolvency proceedings.
Shares of Sun Pharmaceutical Industries and Yes Bank were among the top gainers on the Nifty50 Index, while those of Bharti Airtel were the biggest loser.
Shares of Larsen and Toubro touched 52-week high after the company won orders worth Rs2,265cr.
Sobha's sales bookings increased by 92% to Rs750.9cr during the third quarter this fiscal on higher volumes and better average realization. Stock jumped 8%.
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