Nifty trades flat with positive bias; Lincoln Pharma up by nearly 17%

The INDIA VIX is down 0.74% at 13.57. BSE Sensex is trading at 28857.05 up 44.17 points, while NSE Nifty is trading at 8908.95 up 12.25 points.

Broader markets outperformed the major indices in the morning hours on NSE.

Lincoln Pharmaceuticals Limited from the small-cap stock is trading at Rs 237.80 per share, up by Rs 34.05 per share or 16.69%.

Future Retail Limited is buzzing on the bourses, extending its gains in Tuesday’s trading session. The stock touched fresh 52-week high of Rs 271.45
per share, up by Rs 32.8 per share or 13.74% in the morning hours.

There are 1017 advances, 477 declines and 410 unchanged stocks on NSE in the morning hours on Tuesday reflecting strong positive undertone in the market.

At 10:00 AM, the S&P BSE Sensex is trading at 28857.05 up 44.17 points, while NSE Nifty is trading at 8908.95 up 12.25 points. A total of 34 stocks
registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.44% at 13593.59, whereas BSE Small-cap Index is trading up 0.55% at 13684.59.

Some buying activity is seen in Capital Goods, Metal, Pharma, Auto, while Oil & Gas, Energy, FMCG are showing weakness on BSE.

Bharti Airtel, Bharti Infratel, Larson & Toubro, Bank of Baroda and Tech Mahindra are among the gainers, whereas Idea, Coal India, Hindustan Unilever,
ITC and Ambuja Cements are losing sheen on NSE in the first trading hour.
Source: indiainfoline.com