Benchmark indices have once again slipped into the red after trading on a positive note for a brief session. Nifty is down 14 points and is trading at 11,544 level while the Sensex shed 29 points and is trading at 38,691 level.Nifty IT continues to drag, down a percent ahead of heavyweight Tata Consultancy Services’ June quarter earnings. The top losers are TCS, HCL Tech, Tech Mahindra, Infosys and Birlasoft.Selective FMCG stocks are trading in the red, the top losers are United Spirits, ITC, Hindustan Unilever, Jubilant Foodworks, United Breweries, Britannia Industries and Colgate Palmolive.Close However, Nifty Pharma is outperforming, up close to 3 percent led by Sun Pharma which spiked over 6 percent followed by Glenmark Pharma, Aurobindo Pharma, Lupin, Piramal Enterprises, Divis Labs, Cipla and Cadila Healthcare. related news Kolte-Patil Developers share price gains 12% on sale of 500 flats in Pune Star Paper, Malu Paper, Emami Paper share prices rally 10% on budget incentive buzz D-Street Buzz: Metal stocks outshine led by JSPL, Tata Steel; Tata Motors up 3%, pharma drags From the PSU banking space, the top gainers are Canara Bank, IDBI Bank, State Bank of India, Syndicate Bank and Union Bank of India.From the oil & gas space, the top… Read full this story
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D-Street Buzz: Pharma stocks extend gains, Bajaj twins jump 3-5%; REC tanks 15% have 247 words, post on www.moneycontrol.com at July 9, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.