Nifty, Sensex Open Higher; Sun pharma, Infratel Top Gainers

Key benchmark indices move higher on Monday morning tracking global cues with the the Nifty trading above the 11100-mark.

At 10am, the BSE Sensex is up 231-pts at 37,581.72, while the Nifty is up 62-pts at 11,110.

SunPharma, Bharti Infratel, Indiabulls Housing Finance, Dr.Reddys and ICICI Bank were among major Nifty gainers, while Yes bank, Vedanta, Tata Steel, Hindalco and BPCL led the losses.

NSE Sectorally, all the indices excluding metal and PSU Bank, are trading in the green led by the pharma, Bank, IT, and auto.

Shares of Sun Pharma rose over 3 percent after the it announced that its wholly owned subsidiary has granted license to a subsidiary of China Medical SysHoldings.

Titan shares rose near 1% after it bought 2.8pc stake in subsidiary CaratLane at Rs.328/share.

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