Sun Pharma to acquire Ranbaxy in $4 billion all-stock deal
Benchmark indices erased early gains to trade moderately higher. Auto, pharma, select technology, banks and FMCG stocks were under pressure.
The 30-share BSE Sensex was up 4.60 points at 31,226.22 and the 50-share NSE Nifty gained 7.25 points at 9,622.25.
The broader markets continued to outperform benchmarks on positive breadth. About two shares advanced for every share falling on the BSE.
Benchmark indices erased early gains to trade moderately higher. Auto, pharma, select technology, banks and FMCG stocks were under pressure.
The 30-share BSE Sensex was up 4.60 points at 31,226.22 and the 50-share NSE Nifty gained 7.25 points at 9,622.25.
The broader markets continued to outperform benchmarks on positive breadth. About two shares advanced for every share falling on the BSE.
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