Sensex Trades Flat; Infosys & Hero MotoCorp Top Losers

Share markets in India are presently trading on a flat note. Sectoral indices are trading mixed with stocks in the power sectormetal sector and energy sector witnessing buying interest while telecom stocks and IT stocks are witnessing selling pressure.

The BSE Sensex is trading down by 42 points (down 0.1%), while the NSE Nifty is trading down by 11 points (down 0.1%). The BSE Mid Cap index is trading up by 0.1% and the BSE Small Cap index is trading down by 0.5.

The rupee is trading at Rs 70.87 against the US$.

The rupee gained 7 paise against the US$ on account of selling in American currency by banks and exporters.

Market participants are tracking Sun Pharma share priceBata India shares priceCoal India share price, and Oil India share price as these companies are set to announce their December quarter results later today.

You can also read our recently released Q3FY19 results: Reliance IndustriesInfosysTCSTridentHDFC BankMaruti SuzukiTata MotorsTata SteelAurobindo PharmaMRFGillette.

In the news from the pharma sectorDr. Reddy's share price is in focus today after the company announced the launch of Tadalafil Tablets USP, a therapeutic equivalent generic version of Adcirca (tadalafil) Tablets in the US market, approved by the USFDA.

Tadalafil is used to treat high blood pressure in the lungs (pulmonary hypertension). It works by relaxing and widening the blood vessels in the lungs that allow the blood to flow more easily.

Dr. Reddy's share price is presently trading up by 0.3%.

To know more about the company, you can read Dr Reddy's latest Result Analysis on our website.

Speaking of pharma sector, note that the BSE Healthcare Index has been on a roller coaster ride in the past few years. The period from 2012 to 2015 saw the index go up more than three times.

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