Nifty nears 8450, Sensex climbs over 100 pts;

Infosys, ITC fall BHEL, Adani Ports, Coal India, L&T and HDFC are top gainers while HUL, Bharti Airtel, Infosys, Wipro and ITC are losers in the Sensex. 1 Shares of Ajanta Pharma fell as much as 12.35 percent intraday after the company got an import alert from USFDA for selling an unapproved drug in the US from its Aurangabad facility. USFDA notified the import alert on its website on January 20. The import alert falls in the category of 66-41 which relates to marketing or promotion of unapproved products. In this case, Ajanta was found marketing its erectile dysfunction drug Kamarga in United States without proper approvals.

Kamarga uses an active ingredient Sildenafil Citrate (aka viagra).  HCL Tech Q3 net up 2.3%; holds FY17 CC revenue growth at 12-14% The market is holding firm ahead of January Futures and Options (F&O) expiry tomorrow. The Sensex is up 132.57 points or 0.5 percent at 27249.91, and the Nifty up 46.15 points or 0.5 percent at 8437.65. About 1415 shares have advanced, 766 shares declined, and 252 shares are unchanged. BHEL, Adani Ports, Coal India, L&T and HDFC are top gainers while HUL, Bharti Airtel, Infosys, Wipro and ITC are losers in the Sensex. Gold prices drifted lower by 0.17 percent to Rs 28,754 per 10 grams in futures trade today as participants cut their bets amid a weak global trend. Besides, profit-booking by speculators also weighed on gold prices. At Multi Commodity Exchange, gold prices for delivery in February month declined by Rs 49, or 0.17 percent to Rs 28,754 per ten grams in business turnover of 320 lots.

Read more for Indian Stock Tips - http://bit.ly/ace_services