India's benchmark indices were trading lower on Wednesday as US tariffs came into effect. The NSE Nifty 50 was down 0.49% at 22,424.55 while the BSE Sensex was 0.47% lower at 73,881.79 as of 12:30 p.m. Several stocks are making notable moves in the market. Among them are Vishal Mega Mart Ltd., Senco Gold Ltd., Muthoot Finance Ltd., State Bank of India, Infosys Ltd., and Ipca Laboratories Ltd.
Dr Reddys, Cipla, Sun Pharma, Gland Pharma, Aurobindo pharma shares in focus. Pharma stocks surge after US exempts products from tariffs, Nifty Pharma and healthcare indices show positive gains.
Stock market crashed: Select stocking including Punjab & Sind Bank, UCO Bank, Ipca Labs, Voltas, Suven Pharma tumbled up to 20 per cent during the trading on Tuesday.