INSUBCONTINENT EXCLUSIVE:
Share market on Tuesday: Top Nifty 50 gainers were Sun Pharma, Yes Bank, Lupin, Cipla and Bajaj FinanceStock markets closed higher on
Tuesday, after two consecutive sessions of losses
The BSE benchmark index Sensex rose 207 points to end at 37,852 and the NSE Nifty settled at 11,435, up 79 points from the previous day's
While banking and financial stocks supported the upmove, strong gains in export-oriented sectors such as IT and pharma pushed the markets
Equities in other Asian markets also rose, supporting the domestic shares, as trade anxiety stemming from a plunge in the Turkish lira
showed signs of easing.Top gainers on the 50-scrip Nifty index were Sun Pharma, Yes Bank, Lupin, Cipla and Bajaj Finance, closing between
The Nifty IT index - the NSE's sectoral index comprising IT stocks - closed 0.9 per cent higher.Pharma stocks also surged, with the Nifty
Pharma index closing 3.2 per cent higher
Pharma gains were led by heavyweight Sun Pharma, after the drug maker reported its earnings for the April-June period
the near term, markets could remain volatile on the back of mounting currency crisis in Turkey which has raised fears about a possible
movement and the US-China developments on trade front for market direction."Developments on US-China trade war, currency and crude oil price
movement would also be actively tracked," Mr Manglik added
