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Markets Trade Higher, Sun Pharma rise on Share Buyback

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Indian equity markets are trading on a positive note on Tuesday despite following losses in the Asian stock amidst coronavirus worries.

At 10.30-am, the BSE benchmark Sensex was trading 582-pts higher at 31,972, while the Nifty higher at 182 points at 9,380-mark.

The broader markets are also trading higher with Nifty Midcap-50 up by 2-percent and the Nifty Small-Cap-100 index up by 0.68 percent currently. Get the most updated  Stock to buy  tips and all  best stocks tips  from the expert.

YES Bank, AdaniPorts, Coal India, PowerGrid and HCL Technologies were among the top gainers on the Nifty-fifty index, while Zee Entertainment, UPL, Bharti Infratel, Infosys and Kotak Mahindra Bank were top losers.

In the sectoral index Nifty, major Buying was seen in NiftyMetal (Up by 4.52-percent) and Nifty Pharma (Up 3.64 percent), and Nifty PSU ban (up 4.21 percent) each.

YES Bank stock continues its rally rising over 52 percent to Rs.56.70 for the day.

Shares of Sun Pharma were up 5.79 percent to Rs.389.90 ahead of board meet today to consider a share buyback.