BanglaHunt Desk: The Sensex (sensex) of the Indian stock market traded up 28.22 points, or 0.6 percent, to close at 26.5 at the end of Wednesday, while the Nifty rose 0.6 points, or 1.6 percent, to 5.9. Besides, all sectoral indices are trading lucrative with Bank Nifty, and pharma indices are up 10 percent each during the afternoon session.
Among the top earners, IndusInd Bank improved by 21 percent. Hinduja Group, a private-sector lender, initiated the move to raise nearly $ 500 million with sovereign wealth funds and pension funds, including Canada's CPPIB and Singapore's GIC Pty Ltd. Also, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Federal Bank were in good standing.
The pharma index, as an industry index, rose ten percent to its highest level in a month. The top earners are Cadilla Healthcare, Dr. Reddy Labs, Cipla, Davis Labs, Sun Pharma, Arvind Pharma and Torrent Pharma. Contains.
Also, shares of BSE, including SpiceJet, Railways Bikash Nigam, IRCTC, Jubilant Life, Balrampur Sugar, Maruti Suzuki and Graphite India, fell 12 cents higher.
Shares of HDFC Bank, Reliance Industries, Bajaj Finance, ICICI Bank and Axis Bank are on the list of best-selling shares. This morning, everyone is eyeing whether the stock market can maintain that upward trend.
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