Nifty eyes 8550, Sensex gains on pharma support

The market has managed to continue its uptrend momentum supported by index heavyweights. The Sensex is up 225.64 points or 0.8 percent at 27499.79 and the Nifty is up 81.60 points or 0.9 percent at 8515.35. About 1942 shares have advanced, 456 shares declined, and 83 shares are unchanged. Lupin, BHEL, ITC, SBI and Dr Reddy's Labs are top gainers while TCS, HUL, HDFC, Wipro and L&T are losers in the Sensex. 

 

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Gold retreated as the US dollar and stocks strengthened after the FBI said it stood by its earlier finding that no criminal charges were warranted against Democrat Hillary Clinton just two days ahead of the US election.