Indices extend gains in the afternoon as Pharma stocks soar over 3.5%.
BSE Sensex is currently 52,860.71 up 207.64 points or 0.39%.
Nifty50 is currently 15,841.40 up 62.95 points or 0.4%. Nifty Bank is trading down 0.10% at 34,658.00 while Mid-cap Index is up by 1.73%.
Tech Mahindra, Sun Pharma, Cipla, Adani Ports, and HCL Tech are the top gainers. Bajaj Finserv, SBI Life, State Bank of India, Bajaj Finance, and Hindalco are the top losers.
Nifty Pharma stocks soar 3.7% while Auto, Media, Realty stocks are also bullish. Nifty Banking and Financial Services recover losses.
Out of 50 stocks traded on the NSE, 31 advanced, 18 declined and 1 unchanged.