Sensex, Nifty gain as pharma stocks advance

Indian shares inched higher on Wednesday, with pharma stocks leading the rise after the country approved a COVID-19 pill, although gains were limited by year-end portfolio adjustments. India has approved Merck’s COVID-19 pill and two more vaccines for emergency use as the world’s second most populous…

Sensex, Nifty gain marginally as metal stocks rally

India’s benchmark stock indexes rose on Tuesday, driven by metals and technology stocks, with investor sentiment buoyed by a full U.S. approval for a COVID-19 vaccine. By 9:19 am, the blue-chip NSE Nifty 50 index was up 0.22% at 16,532, while the benchmark S&P BSE Sensex was up 0.16% at 55,644.94. Metal…