In Intraday Equity benchmarks jumped to all-time high with
the Sensex rising 190.82 points to 26828.93 and the Nifty climbing 60.60 points
to 8014.95 aided by banks, infrastructure and technology stocks. The broader
markets outperformed benchmarks with the BSE Midcap and Smallcap indices
gaining a percent each.
Advancing shares outnumbered declining ones by a ratio of
1379 to 501 on the Bombay Stock Exchange. Shares of L&T, Hindalco
Industries, Cipla, GAIL and Tata Power topped the buying list, up more than 2
percent followed by State Bank of India, ICICI Bank, ONGC, Bharti Airtel, Hero
Motocorp, Maruti Suzuki, Coal India and Tata Steel with 1-1.8 percent. However,
HDFC, Sun Pharma and Tata Motors were only losers in the Sensex.
Investors lapped up shares of Natco Pharma on Monday after its marketing partner, Mylan Inc filed ANDA for generic Copaxone (to treat patients with relapsing forms of multiple sclerosis). Shares of Bajaj Electricals gained as much as 6.4 percent in early trade Monday on getting four orders in Tamil Nadu, Bihar and West Bengal.
Investors lapped up shares of Natco Pharma on Monday after its marketing partner, Mylan Inc filed ANDA for generic Copaxone (to treat patients with relapsing forms of multiple sclerosis). Shares of Bajaj Electricals gained as much as 6.4 percent in early trade Monday on getting four orders in Tamil Nadu, Bihar and West Bengal.
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