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VA Tech Wabag Shares Jump To 21-Month High As Nomura Ups Price Target
United Breweries Ltd. rose 4.8%. Trading in the company's call options was triple the average.
Indian equity benchmarks fluctuated between gains and losses after opening at fresh record highs.
The S&P BSE Sensex was little changed at 52,342.34, but remains on track for a fresh record high, while NSE Nifty 50 Index was trading flat as well at 15,748.90 -- after touching a record high of 15,778.80.
The broader market outperformed their larger peers. The S&P BSE MidCap gained 0.37% and S&P BSE SmallCap advanced 0.97%. Seven of the 19 sector sub-indices compiled by BSE Ltd. declined, led by metal stocks. The S&P BSE Information Technology was the best performer, up 2.91%.
The market breadth was slightly skewed in favour of the bulls. About 1,753 stocks gained, 1,366 declined and 140 remained unchanged.
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Metropolis Healthcare Ltd. leads the decline in shares of India’s diagnostic companies as the coronavirus wave in the country continues to slow down, which will ease demand for testing and related pathology services.
Pathology, healthcare-service providers decline
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