Sensex Trades Marginally Lower; M&M And ONGC Top Losers

Share markets in India are presently trading on a negative note. Barring IT sector, all sectoral indices are trading in red with stocks in the healthcare sectormetal sector and energy sector witnessing maximum selling pressure.

The BSE Sensex is trading down by 116 points (down 0.3%), while the NSE Nifty is trading down by 50 points (down 0.5%). The BSE Mid Cap index is trading down by 1.3% and the BSE Small Cap index is trading down by 1.4%.

The rupee is trading at Rs 71.18 against the US$.

Market participants are tracking Eicher motors share priceSpiceJet share priceMotherson Sumi share price, and Care ratings 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 Steel.

In the news from the pharma sectorGlenmark Pharma share price is in focus today as the company's subsidiary, Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Sevelamer Hydrochloride Tablets, 400 mg and 800 mg.

According to sales data for the 12-month period ending December 2018, the Renagel Tablets, 400 mg and 800 mg market achieved annual sales of approximately $102.1 million.

In another news, Aurobindo pharma share price is also in focus today as the company has closed the acquisition of Apotex's commercial operations and certain supporting infrastructure in five European countries.

The agreement to acquire five of Apotex's businesses which include infrastructure, personnel, products, certain established trademarks was announced last year on July 14.

Aurobindo pharma share price is presently trading down by 0.8%.

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