Market Update: Indices recoup early losses, NIFTY PHARMA is the best performing sectoral index

Nifty Pharma is the best performing index while NIFTY PRIVATE BANK is the worst-performing one

In the early morning trading session on Monday and after an hour of trade, Nifty Pharma is the best performing index while NIFTY PRIVATE BANK is the worst-performing one. The market is currently trading in favour of the decliners, with the advance to decline ratio standing as 127:168. 

Taking cues from the Asian market, Nifty 50 opened in the red at 16937.75 against the previous close of 17003.75. Currently, it is trading below 17,000 at 16973.15. Out of 50 stocks in Nifty, 32 are trading below their previous close and 18 are trading above their Friday's close. In today’s trade, more stocks are trading in favour of declines and overall we can see that most of the stocks trading in red. 

In today’s trade, the best performing index is NIFTY PHARMA, it is up by almost one per cent. This is followed by NIFTY HEALTHCARE INDEX, which is up by 0.84 per cent. The worst performing index currently (10:26 am) is NIFTY PRIVATE BANK. It is down by 1.03 per cent. Out of the total of 10 companies forming part of the index, 7 companies are trading in red and only 3 are trading in green.

The overall market is trading in favour of decliners. Currently, the advance to decline ratio stands as 127:168.

Following Table Shows The Top 5 and Worst 5 Trading Indies at 10:30