MARKET WRAP UP
The Sensex and Nifty were trading marginally higher led by oil
& gas, realty, healthcare and PSU stocks amid firm global cues.
Brokers said sustained buying by investors in blue chips stocks
and good progress in monsoon influenced the trading
sentiment.
Pharma stocks climbThe Nifty Pharma Index gained as much as
1.62 per cent, with Glenmark Pharmaceuticals rising 2.18 per
cent and Aurobindo Pharma climbing 3.52 per cent on the US
ruling.
The Nifty Midcap 100 Index, which hit a record high last week,
was up 0.75 per cent, with Piramal Enterprises and Cadila
Healthcare among the top percentage gainers.
Wipro fell as much as 5.69 per cent after the country's thirdbiggest
software services exporter on Tuesday posted results
that missed estimates and forecast muted guidance.
Meanwhile, adding to the woes of IT companies, MindTree fell
to a more than one-and-a-half year low after profit fell and
Credit Suisse cut its rating on the stock. MindTree was last
down 6.5 percent and the Nifty IT index was down 0.18 per
cent.

MARKET MEASURE

EXCHANGE ADVANCE DECLINE UNCHG. T/O
NSE 945 440 59 19142.52


CHART ANALYSIS
SCRIP R2 R1 PIVOT S1 S2

NIFTY 50

8627

8609
8570
8551
8220

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