About 1294 shares have advanced against 487 shares declined on the Bombay Stock Exchange. Drug maker Lupin rallied more than 2 percent after the company acquired Russian Pharma Company Biocom. Sun Pharma, Dr Reddy's Labs and Cipla gained 1-1.6 percent. HDFC twins, Lupin, BHEL and Cipla are top gainers in the Sensex while Hindalco, Tata Motors, Coal India, Wipro and Maruti are among losers.
Shares of HDFC, HDFC Bank, L&T, BHEL, Bajaj Auto, Hero Motocorp and NTPC advanced 1-2 percent while Tata Motors, Wipro and Coal India declined. The Indian rupee also gained further in morning trade, up 16 paise to 63.35 a dollar following rally in equity markets. Rupee hits a 2-month high against the dollar following the positive sentiment in equities. Experts say 63.25 would be a support for the dollar.