The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
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Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
This is to take head on big American pharmaceutical giants, which in the recent past had launched a strong anti-India campaign against efforts of such companies to provide affordable health care not only to people in India, but also in the third world countries.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
Bank shares were the top losers along with index heavyweight RIL
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
The 50-share NSE Nifty was trading lower by 24 points.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Impact of the slowdown is most visible among promoter/owner-CEOs
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Broader markers outperformed their larger peers.
Rise in crude oil price and rally in global equities aided the sentiment
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Market breadth is positive with 942 advances and 196 declines.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears