Market nearby | Sensex and Nifty50 snap 6-day winning streak
Here are some highlights:
–Financial stocks drag indexes lower: Tech and pharma stocks provide support
–Positive Lupine comments lift pharma stocks: Nifty Pharma rises more than two percent
–NTPC and Tata Consumer are the top Nifty losers, followed by Coal India and Shree Cement
–SBI under pressure ahead of Saturday’s quarterly earnings
–Cipla, Nestle, Sun Pharma and Infosys top Nifty gainers
–Lupine’s positive comments lift shares up nine percent from the day’s low despite weak results
–AU Small Finance Bank up 4% as QIP book oversubscribed
–Astral rises four percent after Morgan Stanley initiates coverage with ‘overweight’ call.
–PI Industries rises 4% after strong earnings
–Market breadth favors bears: advance-decline ratio at 4:5
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