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Pharma shares in demand

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Key benchmark indices held firm at higher levels in afternoon trade. At 13:20 IST, the barometer index, the Sensex, rose 190.09 points or 0.56% at 34,343.94. The 50 index rose 53.80 points or 0.51% at 10,612.65. Positive global cues boosted investors sentiment.

Key benchmark indices had opened the session on a strong note with the and the hitting record highs in early trade, tracking firmness in Asian markets and strong finish on Wall Street overnight. Indices hit fresh record highs in mid-morning trade and later hovered with modest gains so far.

Among secondary indices, the Mid-Cap index rose 0.90%. The Small-Cap index advanced 0.97%. Both these indices outperformed the

The market breadth, indicating the overall health of the market, was strong. On the BSE, 1,816 advanced and 1,032 declined. A total of 128 were unchanged.

Pharmaceuticals shares were in demand. (up 6.79%), (up 2.83%), Lupin (up 2.26%), (up 2.13%), Cadila Healthcare (up 2.08%), (up 1.81%), (up 1.51%), (up 1.51%), (up 1.26%), (up 0.85%), (up 0.78%), (up 0.43%) and (up 0.38%), edged higher. was down 0.65%.

Most FMCG shares rose. (India) (up 1.27%), (up 0.87%), Hindustan (up 0.51%), (up 0.40%), (up 0.21%), (up 0.09%), Godrej Consumer Products (up 0.06%) and (up 0.06%), edged higher. (down 0.05%), (down 0.16%), (down 0.16%) and (down 0.2%), edged lower.

gained 3.05% after a large bulk deal of 47.80 lakh shares was executed on the scrip at Rs 114.75 per share at 12:05 on BSE.

The 14-day long winter session of the Parliament concluded on Friday, 5 January 2018. The said that 16 bills were introduced in the Lok Sabha by the government in the session, of which 12 bills including the triple talaq bill was passed. Important bills passed during the session also included the and Acquisition of and the Goods and

Overseas, Asian stocks edged higher following firm US lead as investors awaited upcoming earnings releases. US stocks rose to record levels on Friday, 5 January 2018 even as Wall Street shook off jobs data that missed expectations. The US economy added 148,000 jobs in December, according to the Labor Department, as against expectations of 190,000 jobs.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 13:18 IST