Equity indices close in the green, Cipla gains 9.5 pc

Equity indices close in the green, Cipla gains 9.5 pc

Equity benchmark indices shaved off early gains but ended in the positive terrain on Monday with pharma stocks leading the rally.

At the closing bell, the BSE SandP Sensex was up by 142 points or 0.37 per cent at 38,182 while the Nifty 50 gained by 61 points or 0.54 per cent at 11,275.

All sectoral indices at the National Stock Exchange were in the green with Nifty pharma up by 5.4 per cent, realty by 2.8 per cent and auto by 0.8 per cent.

Among stocks, Cipla was the flavour of the day by gaining 9.48 per cent to Rs 797.70 per share while Sun Pharma ticked up by 3.4 per cent to Rs 544.10 and Dr Reddy's by 2.6 per cent to Rs 4,691.65.