Nifty above 10,800 mark led by HDFC Bank, SBI

The Nifty Pharma index fell 1% led by Sun Pharma, Glenmark, Aurobindo and Divi’s Lab.

Sep 04, 2019 01:09 IST India Infoline News Service

NSE Building
Equity benchmark indices were trading higher in the afternoon trade as gains in HDFC twins, ICICI Bank and SBI. The Sensex is gaining 141 points at 36,704 and Nifty rose 36 points at 10,833 levels.

The Nifty Pharma index fell 1% led by Sun Pharma, Glenmark, Aurobindo and Divi’s Lab.

The Nifty Auto stocks extended losses for the second straight session, tracking negative monthly sales data from major companies. Ashok Leyland fell 5%, followed by Tata Motors, Bosch and Maruti.

Meanwhile, banking and financial services share trading higher by 1% each. The Nifty Bank index advanced 1%, Nifty Financial Services index rose 1.3% and the Nifty PSU Bank index was up 1.2%.

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