NEW DELHI: An afternoon after Sensex and Nifty surged greater than a consistent with cent each and every to touch contemporary file highs, the equity markets on Thursday opened on a flat note.
The 30-share BSE Sensex received 15.57 points to open on 33,615.84 while the broader 50-share NSE Nifty began buying and selling on 10,440.50, the precise mark the place it closed in the earlier session.
Analysts consider that it can be crucial for the markets to consolidate on the gains earned from Wednesday's bull run as investors could be encouraged to bask in profit booking.
In Thursday's early trade, pharma shares had been rallying with the Nifty Pharma sub-index gaining greater than 2.50 consistent with cent. The PSU Bank shares had been seeing some correction.
Sun Pharma, Lupin, Cipla and Aurobindo Pharma had been the key gainers while Tech Mahindra, NTPC and Hero MotoCorp had been appearing poorly.
The 30-share BSE Sensex received 15.57 points to open on 33,615.84 while the broader 50-share NSE Nifty began buying and selling on 10,440.50, the precise mark the place it closed in the earlier session.
Analysts consider that it can be crucial for the markets to consolidate on the gains earned from Wednesday's bull run as investors could be encouraged to bask in profit booking.
In Thursday's early trade, pharma shares had been rallying with the Nifty Pharma sub-index gaining greater than 2.50 consistent with cent. The PSU Bank shares had been seeing some correction.
Sun Pharma, Lupin, Cipla and Aurobindo Pharma had been the key gainers while Tech Mahindra, NTPC and Hero MotoCorp had been appearing poorly.
Markets open flat, pharma stocks rally in early trade
![Markets open flat, pharma stocks rally in early trade]()
Reviewed by Kailash
on
November 02, 2017
Rating:
