Sensex rises 260 pts, Nifty near 25,930; IT, PSBs lag, Pharma gains

Stock markets in India were trading higher at the open with the BSE Sensex index trading at 84,259, gaining 193 points or 0.23 per cent, and the NSE Nifty50 index at 25,934, up 67 points or 0.26 per cent.

Eternal, Axis Bank, Trent, NTPC, Titan, RIL, Sun Pharma, and Bharti Airtel were leading the gains on the Sensex today.

In the broader markets, the Nifty MidCap index gained 0.21 per cent and the Nifty SmallCap index rose 0.49 per cent.

Among sectors, the Nifty Pharma index added half a per cent, while the Nifty IT, and Nifty PSU Bank indices dropped 0.2 per cent each.

Q3 results today

Titan Company, Torrent Power, United Breweries, ZF Commercial Vehicle Control System, Wockhardt, Techno Electric, Wakefit Innovations, TVS Supply Chain Solutions, Vardhman Holdings, Taal Tech, Vadilal Enterprises, Vishal Fabrics, Subex, Tera Software, Speciality Restaurants, Vikram Thermo India, Tirupati Forge, among others, will announce their quarterly earnings today.

IPO corner

In the mainboard segment, IPOs of Fractal Analytics and Aye Finance will enter their second day. In the SME space, Biopol Chemicals IPO and PAN HR Solutions IPO will close for public subscription.