The Indian Stock market trades in green with stocks such as Biocon, Infosys, Lupin Pharma taking the lead. Tuesday morning saw the Nifty break the 10K barrier, with Pharma driving the market growth. At 10:30 AM, the S&P BSE Sensex is trading at 31911, up by 64 points, while NSE Nifty is trading at 10,007 up by 19 points. The BSE Mid-cap Index is trading up by 0.49% at 15912 whereas BSE Small-cap Index is trading up by 0.69% at 16848. Lupin Pharma, Coal India, Infosys, Infratel, and HCL are among the gainers, whereas HPCL, BPCL, ZEEL, IOC, and TataMotors are losing sheen on NSE Some buying activity is seen in basic materials, energy, FMCG, finance, IT, industrials and healthcare sectors, while Realty sector showing weakness on BSE.
Best Shares to Buy Today : 10th October Tuesday
By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on which the market will look.
Infosys – Infosys has set a record date for the November 1, 2017 share buyback. The company has to buy back shares of Rs 13,000 crore.
Lupine – Lupine’s Nadolol tablet has received final approval from US FDA. Nadolol is the generic version of the Cororgard tablet. This drug is used in the treatment of many diseases like hypertension.
Eclerx – SBI Mutual Fund has bought 9.41 lakh shares of Eclerx The LTR Focus Fund has sold 2.30 lakh shares of Eclairs. ABG Capital has sold 2.43 lakh shares of Eclairs. All the deals are at the price of 1200 per share.
L & T – L & T has the lowest bid for EESL’s Smart Meter contract. L & T has bid at Rs 2,722 per meter. In the next three years, smart meters will be installed in Haryana and Uttar Pradesh.
Satin Credit Care – Satin Creditcare has raised Rs 150 crore through QIP issue. Under the QIP, 49 lakh shares will be issued at the price of 305 rupees per share.