Why Sun Pharma Advanced Research shares surge 11% despite weak sentiments on D-Street; what's boosting medical stock?
New Delhi, Nov. 9 -- Sun Pharma Advanced Research (SPARC) shares jumped over 11.30% in Monday's trading session, defying weak sentiment in the Indian stock market. The pharma stock opened in green at Rs.198.50 apiece on the NSE today, as compared to the previous close of Rs.197.03 on Sunday's Muhurat Trading and touched an intraday high of Rs.219.49 on 9 November.
Meanwhile, Indian equity benchmark indices, Sensex and Nifty, opened lower on Monday, weighed down by selling pressure in heavyweight IT stocks and profit-booking following the recent sharp rally in the stock market. The 30-share BSE Sensex fell 93.95 points to 80,919.19 in early trading, while the NSE Nifty 50 declined 30 points to 24,968.80.
The stock rally came in after Sun...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.