The market has extended its gains from opening tick and is witnessing an upmove of over half a percent.
The Sensex is up 185.56 points or 0.54% at 34327.71, while the Nifty is up 56.00 points or 0.53% at 10547.00. The market breadth is positive as 1432 shares have advanced, against a decline of 537 shares, while 158 shares are unchanged.
Dr Reddy’s Labs and Sun Pharma are the top losers on both indices, while gains are seen in auto stocks such as Bajaj Auto and Tata Motors.
Share price of Sterlite Technologies added more than 10 percent in the early trade on Monday on the back of order win worth Rs 3500 crore.
The company has been awarded Rs 3500 crore advance purchase order to design, build and manage the Indian Navy’s communications network.
This will give the Indian Navy digital defence supremacy at par with the best naval forces globally.
Missed call
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