Indices have pared early bullish tone, however, continued to trade on a higher note. At around 11.01 am, Sensex was trading at 40,363.64 above 102.51 points or 0.25%, while Nifty performs at 11,848.90 higher by 35.40 points or 0.30%.
IT and pharma stocks were the major boosters of the benchmarks.
Nifty IT was trading at 21,166.50 up 2.08%. Stocks like L&T Infotech,
Infosys, Wipro and TCS advanced between 2-3%.
Nifty Pharma was performing at 11,599.25 surging by 2.10%.
Sun Pharma skyrocketed by 5% after Q2 result announcement. Stocks like Aurobindo Pharma, Cipla,
Lupin and Divis Lab gained by 2% each.
Other stocks like Britannia, Nestle India, Asian Paint, HUL and
Titan also contributed in the gains.
Companies that are set to announce their September 2020 (Q2FY21) quarter earning today are -
State Bank of India, Lupin, HPCL, Adani Enterprises, Adani Green Energy, Apollo Tyres, Asahi India Glass, Balrampur Chini Mills, BASF India, Gati, Godrej Agrovet, Greenply Industries,
Happiest Minds Technologies, Hikal, Indian Hotels, JK Lakshmi Cement,
Jubilant Life Sciences, Jyothy Labs, Kalpataru Power Transmission, KEC International, Nelco, Nilkamal, Pidilite Industries, Praj Industries, SRF, Thermax and United Spirits. These companies will remain in focus on Wednesday.