Sensex extends gain to over 200 points, Nifty above 10,600; Sun Pharma up 4%

Sensex extends gain to over 200 points, Nifty above 10,600; Sun Pharma up 4%

Monday, January 08, 2018


Sun Pharma to acquire Ranbaxy in $4 billion all-stock deal
Equity benchmarks extended their gains from the opening minutes, with the Sensex gaining over 200 points, while the Nifty was up over half a percent.

The Sensex is up 202.87 points or 0.59% at 34356.72, and the Nifty up 56.60 points or 0.54% at 10615.50. The market breadth is positive as 1661 shares have advanced, against a decline of 753 shares, while 373 shares are unchanged.

Sun Pharma, Infosys and Lupin gained the most on both indices, while Bharti Airtel and Asian Paints lost the most.

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