Monday 1 February 2016

Share market: Sensex pares gains after regaining 25K

Today, the S&P BSE Sensex pared gains and turned negative after reclaiming its critical psychological level of 25,000 in morning trade, led by gains in Sun Pharma, L&T, HDFC Bank, Lupin, and Bharti Airtel.

The Nifty-50 came in some selling pressure after striking an intraday high of 7,592.32, weighed down by losses in oil & metal, auto, gas and consumer durable stocks. The index was still trading above its critical support level of 7,550.

Shares of L&T went high more than 3 per-cent in trade after Q3 results. In the meantime, shares of Aurobindo pharma cracked up to 5 per-cent. Lupin was trading higher by 2 per-cent.

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