Bulls Take Charge On D-St; Nifty Nears 9000; Tata Motors Up 3% - Dollar Advisory Financial Services

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Thursday 2 March 2017

Bulls Take Charge On D-St; Nifty Nears 9000; Tata Motors Up 3%

The Sensex was up 138.10 points at 29122.59, while the Nifty was up 44.60 points at 8990.40. The market breadth was healthy with 1,371 shares having advanced, 641 shares declining and 87 shares remaining unchanged. 

Tata Motors, BHEL and UltraTech Cement were the top gainers on both the indices, while pharma stocks Dr. Reddy’s and Sun Pharma were lagging. 

Wockhardt tanked nearly 7 percent intraday on Thursday as investors turned bearish after the company’s US arm received a warning letter from the US drug regulator. 

The US Food and Drug Administration issued a warning letter to Morton Grove Pharmaceuticals, a stepdown subsidiary of the company in Illinois, US.

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