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Sensex, Nifty trade positive, pharma, midcaps continue rally


Benchmark indices traded positive in the afternoon session, with the Sensex holding on to its 100 point gain, while the Nifty hovered around 9450.

The 30-share Sensex was up 139.21 points at 30327.36, while the Nifty rose 40.55 points at 9441.45.

The market breadth was narrow as 1,485 shares advanced against a decline of 1,247 shares, while 150 shares were unchanged.

Tata Steel and Dr Reddy’s Laboratories continued to gain, while Infosys, Adani Ports and Aurobindo Pharma lost the most.

Sebi cracks down: Markets regulator Sebi has penalised Rushil Decor, Corporate Strategic Allianz and six others for disclosure lapses in their IPO documents, according to a PTI report.


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