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Live Stock Market Updates – Sensex, Nifty open on a subdued note, Aurobindo Pharma gains by 3%

Nifty and Sensex open on a flat note following the trends of US Markets. Weakness is seen is several sectors on account of profit booking. Pharma sector goes strong with Aurobindo Pharma gaining over 3%.

At 9:28 AM, the S&P BSE Sensex is trading at 33,617, up by 16 points, while NSE Nifty is trading at 10,437 down by 3 points.

The BSE Mid-cap Index is trading up by 0.71% at 16,765.32 whereas BSE Small-cap Index is trading up by 0.35% at 17,759.39.

Aurobindo Pharma, Sun Pharma, Lupin, Cipla, and TCS are among the gainers, whereas Tech Mahindra, NTPC, Tata Motors, SBI Bank, and Hero Moto Corp are losing steam on NSE.

Some buying seen in Healthcare, Telecom, Utilities, and Consumer Durables sectors, whereas FMCG, Industrials, Auto, Banks, Capital Goods, Metal, Power, and Reality sectors shows weakness on the BSE.

The India Vix is up by 0.74% at 12.22.

Out of 1,948 stocks traded on the NSE, 907 advanced, 581 declined, and 460 remained unchanged today.

A total of 30 stocks registered a fresh 52-week high in trade today, while 3 stocks touched a new 52-week low on the NSE.

Bharti Airtel to transfer optical fibre business to Telesonic Networks for an overall consideration of not more than Rs 5,650 crore.

Government approved sale of entire 73 percent stake in Dredging Corporation.

NBCC bagged reconstruction order worth Rs 400 crore.

Tata Teleservices says NTT Docomo tendered its entire stake of 21.63 percent to Tata Sons.

Asian Granito entered into a joint venture with Paramshree Granito Pvt Ltd for setting up a green field facility for Quartz stone.

TVS Motor’s October sales rose 3 percent year-on-year.

Shree Cements won a coal linkage auction for Chhattisgarh captive plant.

Solar Industries bagged order worth Rs 1,143.63 crore from Coal India for supply of bulk explosives.