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MARKET LIVE: Indices volatile, Sensex up over 300 pts; Sun Pharma rises 3%

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SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

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On Monday, market participants hit sell button during the last hour of the session after two new COVID-19 cases were detected in Delhi and Telangana.
After logging gap-up opening on Tuesday, benchmark indices turned volatile and erased most of the morning gains.

The benchmark S&P BSE was trading around 300 points or 0.85 per cent higher at 38,467 levels while the NSE's Nifty50 index was trading over 112 points or 1 per cent up at 11,245. 

In the broader market, the S&P BSE MidCap index was up 0.46 per cent, while the S&P BSE SmallCap index was up 0.18 per cent.

Among individual stocks, Eicher Motors, the parent company of Royal Enfield, climbed around 4 per cent to Rs 17,685 apiece on the BSE on Tuesday, a day after the company announced its board of directors will meet on March 11 to consider and approve payment of interim dividend. READ MORE  

Shares of pharmaceutical companies were in focus with the S&P BSE Healthcare index gaining more than 2 per cent on the BSE on Tuesday. Pfizer, Sun Pharmaceuticals Industries, Metropolis Healthcare, Bliss GVS Pharma, RPG Life Sciences, Dr. Lal PathLabs, Biocon, Albert David and FDC from the index were up more than 3 per cent. READ MORE
 

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