Nifty Pharma index ends 1.54% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) GLENMARK PHARMA. 638.30 608.20 30.10 4.95 PIRAMAL ENTERP. 2842.00 2771.80 70.20 2.53 CADILA HEALTH. 386.90 377.45 9.45 2.50 LUPIN 889.20 869.25 19.95 2.30 SUN PHARMA.INDS. 634.90 626.35 8.55 1.37
The S&P BSE Sensex settled at a fresh record closing high of 38,286, up 7 points, while the broader Nifty 50 index closed at a new high of 11,571, up 19 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,402.96. The Nifty50 index, on the other hand, touched its record high level of 11,581.75.
Among sectoral indices, the Nifty Realty index slipped around 2 per cent due to fall in shares of Housing Development and Infrastructure and Unitech. On the other hand, Nifty Pharma index was the lead gainer, rising over 1.5 per cent led by Glenmark Pharmaceuticals and Piramal Enterprises.
In an interview with Reuters on Monday, President Donald Trump said that China was manipulating its currency to make up for having to pay tariffs imposed by Washington on some imports from China. This kept global trade conflict concerns alive and dented some of the market optimism ahead of upcoming US-China trade talks.