Live: Sensex\, Nifty Flat; Pharma\, Realty Stocks Advance

Live: Sensex, Nifty Flat; Pharma, Realty Stocks Advance
The Bombay Stock Exchange (BSE) logo sit on display inside the bourse in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Live: Sensex, Nifty Flat; Pharma, Realty Stocks Advance

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Stock Reaction: Cadila Healthcare

The company informed the exchanges on Thursday that its formulations manufacturing facility in Baddi has received the Establishment Inspection Report (EIR) from the U.S. FDA.

The classification of the facility is termed as 'No Action Indicated' (NAI). The audit is now closed with zero observations.

Shares are off the day's high after gaining as much as 4.3% to Rs 352.5, up for the second straight day.

A Volatile Day Of Trade For The Nifty Bank Index

Large Trade Alert: State Bank of India

27.14 lakh shares of India's largest lender exchanged hands in a single large deal on the National Stock Exchange. The trade took place at Rs 158.5 per share as per Bloomberg data.

Buyers and sellers of the trade remain unknown.

Shares trade little changed, up 0.35% at Rs 158.75. The stock is up in three out of the last four trading sessions.

Stock Update: SpiceJet

India's Directorate General of Civil Aviation (DGCA) has allowed the budget carrier to conduct drone trials, it told Bloomberg in a statement.

The air carrier plans to use the drones for delivery of medical and essential supplies and e-commerce products.

The airline is partnering drone manufacturer Throttle Aerospace, software firm AeoLogic and a U.S.-based Air Traffic Control firm Involia for the same.

Shares are fluctuating between gains and losses, trading little changed at Rs 45.

Markets At Noon

  • Benchmark indices pare losses, trade flat
  • Nifty little changed at 9,485
  • Sensex down 0.3% at 32,103
  • Nifty Bank down 0.8% at 19,038
  • Nifty Midcap Index up 1.1%
  • Nifty Smallcap Index up 1%
  • India Volatility Index down 0.6% to 29.82
  • Nifty I.T. and Nifty PSU Bank are the other sectoral laggards
  • Nifty Realty and Nifty Pharma index gain over 2% each
  • Bharti Infratel remains the top Nifty gainer; up 5.6%
  • Axis Bank remains the top Nifty laggard; down 2.5%
  • 1,116 stocks on the NSE trade with gains while 563 are declining