Nifty Pharma index ends 3.21% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) SUN PHARMA.INDS. 601.80 563.90 37.90 6.72 BIOCON 589.40 571.70 17.70 3.10 DIVI'S LAB. 1154.55 1120.20 34.35 3.07 LUPIN 836.75 811.95 24.80 3.05 CIPLA 642.75 628.30 14.45 2.30
The S&P BSE Sensex ended at 37,852, up 207 points while the broader Nifty50 index settled at 11,435, up 79 points.
In key stocks, the market heavyweight Reliance Industries (RIL) rose 2 per cent to Rs 1,210.95 levels on the BSE. Sun Pharmaceutical Industries too surged around 7 per cent to end at Rs 601.65.
The rupee breached 70 per dollar, hitting an all-time low on Tuesday after diving by Rs 1.09 to close at an all-time low of Rs 69.92 against the US dollar on Monday, bowing to a global rout in currencies on fears of an economic crisis in Turkey. It was the biggest single-day fall in almost five years.
Japan’s Nikkei held onto its early 1.1 per cent gain, while Australian stocks added 0.8 per cent. The Shanghai blue chip index was off 0.6 per cent and weighing on MSCI’s broadest index of Asia-Pacific shares outside Japan which eased 0.2 per cent.