Market Update: Nifty pharma outperforms led by Cadila Health; Idea tanks 6%, Tata Motors top loser

The breadth of the market favoured declines, with 776 stocks advancing, 827 declining and 466 remaining unchanged. On BSE, 995 stocks advanced, 949 declined and 112 remained unchanged.The broader indices including the Nifty and the Sensex are trading on a flat to negative note this Monday morning with the Nifty down 14 points at 10,807 and the Sensex is trading lower by 62 points at 35,628.

Nifty pharma outperforms led by Cadila Healthcare, Glenmark Pharma, Lupin and Sun Pharma.

Nifty auto is down almost 1 percent dragged by Tata Motors, Tata Motors DVR, Motherson Sumi Systems, Amara Raja Batteries and Hero MotoCorp among others.

Bank Nifty is trading weak with stocks like Axis Bank, ICICI Bank, Bank of Baroda, Punjab National Bank and State Bank of India shedding up to 1 percent each.


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Source: https://www.moneycontrol.com/news/business/markets/market-update-nifty-pharma-outperforms-led-by-cadila-health-idea-tanks-6-tata-motors-top-loser-2628771.html