Live: Sensex, Nifty open marginally higher, Divi’s Lab shares down 17%

By Selene 0

Sensex opens marginally higher on Tuesday. Nifty, too, trades higher. The Indian rupee, tracking Asian currencies, falls against the US dollar. The shares of Divi’s Laboratories Ltd fall in the opening trade.

9.33am: BSE Sensex trades higher by 61 points, or 0.21%, to 29,579, while the Nifty 50 rises 13 points, or 0.14%, to 9,140.

9.30am: Dr Reddy’s Laboratories Ltd shares fall 2.5% to Rs2,667.60 after CNBC TV reported that its Duvvada facility receives 13 US FDA observations.

9.22am: NLC India Ltd shares fall 7.2% to Rs104 after the company said its board approved interim dividend of Rs7.34 a share.

9.20am: Divi’s Laboratories Ltd shares fall 17.2% to Rs656 after the company said in a notice to BSE that its Visakhapatnam unit gets import alert from US drug regulator.

9.18am: Idea Cellular Ltd shares fall 3.2% to Rs 94.50. The boards of Idea Cellular Ltd and Vodafone India Ltd have approved their merger, excluding the latter’s 42% stake in Indus Towers Ltd, heralding the creation of India’s largest telecom company in a $ 23 billion deal.

9.15am: The rupee opened at 65.40 a dollar. At 9.15am, the home currency was trading at 65.42, down 0.08% from its Monday’s close of 65.36.

9.10am: The 10-year bond yield was trading at 6.885%, compared to its Monday’s close of 6.893%. Bond yields and prices move in opposite directions.

9.05am: Thai baht was down 0.23%, Singapore dollar 0.15%, Japanese yen 0.14%, China offshore 0.06% and Philippines peso fell 0.05%. However, South Korean won was up 0.37% and Taiwan dollar 0.18%.

First Published: Tue, Mar 21 2017. 09 37 AM IST

Source: Livemint.com