Benchmark shares indices staged a recovery in late trades, shrugging off the developments in Greece, led by pharma shares and index heavyweights while TCS gained ahead of its first quarter results this week.
The 30-share Sensex ended 116 points at 28,209 and the Nifty ended up 37 points at 8,522.
The broader market outperformed the benchmarks. The BSE Midcap and Smallcap indices ended up 0.9-1.1% each.
Market breadth ended strong with 1,788 gainers and 1,008 losers on the BSE.
The Indian rupee recouped intra-day losses and was trading unchanged at 63.44 against the US dollar on fresh dollar tracking recovery in domestic equities.
BSE Healthcare index was the top gainer up 1.7% followed by Oil & Gas and Realty indices followed by others. Consumer Durables and Metal indices were among the top losers.
According to PTI reports, the government has taken several measures, including setting up of an inter-departmental committee to look into export-related issues and awareness programmes in emerging markets like Africa, to boost pharmaceutical exports. Dr Reddy's Labs, Cipla, Sun Pharma and Lupin ended up 1.4-3.7% each.
Among the index heavyweights, Reliance Industries gained 1.1% while ITC ended up 0.9%.
In the banking pack, ICICI Bank, HDFC Bank and SBI ended up 0.5-1% each.
Metal stocks witnessed selling as softening commodity prices compounding worries about oversupply, after Greece rejected terms for a bailout. Vedanta, and Hindalco ended down between 1.6-4.7% each.
In the IT space, Infosys ended down 0.7% and Wipro eased 0.3%. TCS recouped intra-day losses to end 1% higher ahead of its Q1 results due on Thursday.
VA Tech Wabag ended up 2.5% after the company along with their joint venture (JV) partner, Belhasa Projects, won an EPC order in the water and waste water treatment space in the Kingdom of Bahrain.
Arvind Remedies ended locked in 20% upper circuit after the board said it would meet on July 11 to consider proposal for investment in the company by a potential investor to make the unit viable.
The 30-share Sensex ended 116 points at 28,209 and the Nifty ended up 37 points at 8,522.
The broader market outperformed the benchmarks. The BSE Midcap and Smallcap indices ended up 0.9-1.1% each.
Market breadth ended strong with 1,788 gainers and 1,008 losers on the BSE.
The Indian rupee recouped intra-day losses and was trading unchanged at 63.44 against the US dollar on fresh dollar tracking recovery in domestic equities.
BSE Healthcare index was the top gainer up 1.7% followed by Oil & Gas and Realty indices followed by others. Consumer Durables and Metal indices were among the top losers.
According to PTI reports, the government has taken several measures, including setting up of an inter-departmental committee to look into export-related issues and awareness programmes in emerging markets like Africa, to boost pharmaceutical exports. Dr Reddy's Labs, Cipla, Sun Pharma and Lupin ended up 1.4-3.7% each.
Among the index heavyweights, Reliance Industries gained 1.1% while ITC ended up 0.9%.
In the banking pack, ICICI Bank, HDFC Bank and SBI ended up 0.5-1% each.
Metal stocks witnessed selling as softening commodity prices compounding worries about oversupply, after Greece rejected terms for a bailout. Vedanta, and Hindalco ended down between 1.6-4.7% each.
In the IT space, Infosys ended down 0.7% and Wipro eased 0.3%. TCS recouped intra-day losses to end 1% higher ahead of its Q1 results due on Thursday.
VA Tech Wabag ended up 2.5% after the company along with their joint venture (JV) partner, Belhasa Projects, won an EPC order in the water and waste water treatment space in the Kingdom of Bahrain.
Arvind Remedies ended locked in 20% upper circuit after the board said it would meet on July 11 to consider proposal for investment in the company by a potential investor to make the unit viable.
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