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Indian markets rush forward

After opening the day on a positive note, the Indian Indices are trading higher in the post noon trading session. Most sectoral indices are trading in the green with stocks from the banking and capital goods sectors leading the gainers. The BSE-Sensex is trading up 192 points (up 0.69%) and the NSE-Nifty is trading up 48 points (up 0.57%). The BSE Mid Cap index is trading up 0.4% and the BSE Small Cap index is trading up 0.3%. Commodity prices are trading on a positive note. Gold prices, per 10 grams, gained 0.6% or Rs 165 and are trading at Rs 27,273 levels. Silver price, per kilogram, gained about 0.7% or Rs 273 and is trading at Rs 39,439 levels. Crude oil is trading flat at around Rs 3,873 per barrel. The rupee is trading at 63.50 to the US dollar. Pharma stocks are trading mixed with Ranbaxy Lab and Wockhardt Ltd witnessing maximum buying activity. Stock of Wockhardt Ltd rose over 2% today in the morning trade after one of its products received the Qualified Infectious Disease Product (QIDP) status from the US Food and Drug Administration (FDA). The company on Thursday reported the QIDP approval from FDA was granted for WCK 4873, a product from their new drug discovery program. This is the third product for the company, after WCK 771 and WCK 2349 last year, to receive this desirable status which will provide a strong boost to its drug development program. The company stated that this new

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Sensex

Sensex 27957.50148.15 (0.53%)

Nifty

Nifty 8458.9537.95 (0.45%)

HMap

Adv/Dec

Advances :1196 shares
Declines :1523 shares

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