Asian equity markets are mixed today. The Nikkei 225 is up 0.68%, while the Hang Seng is up 0.96%. The Shanghai Composite is trading lower by 0.29%. The US stocks ended higher on US payrolls report that gave investors more confidence in the strength of the US economy.

Meanwhile, share markets in India have opened the day on a strong note. The BSE Sensex is trading higher by 234 points, while the NSE Nifty is trading higher by 27 points. The BSE Mid Cap Index and BSE Small Cap index have opened the day up by 0.3% & 0.4% respectively.

Price quotations for individual stocks listed on the National Stock Exchange (NSE) are not getting updated today and investors aren’t able place trades due to some technical glitch. Wide discrepancy was found in stocks prices of almost all companies.

All sectoral indices have opened the day in the green with information technology stocks and automobile stocks leading the pack of gainers. The rupee is trading at 64.78 to the US$.

Sun Pharma share price surged 2.7% after it was reported that Sun Pharma and one of its wholly-owned subsidiaries have entered into settlements with certain plaintiffs in Modafinil Antitrust Litigation matter currently pending in the United States District Court for the Eastern District of Pennsylvania.

The settlements extend to all claims brought by Apotex Corporation and the Retailer Purchaser Plaintiffs.

Biocon share price fell over 5.4% after the company’s biosimilars programme for Europe hit a roadblock with the French health regulator finding lapses in the quality compliance at its Bengaluru plant during a March inspection.

Bharti Airtel share price gained 4% on the reports of the merger of Bharti Airtel with Tata Teleservices, Tata Communications, and Tata Sky. Tata Group has long been seeking a way to reconfigure its capital structure and relieve the pressure of its debt, and they may have found a way to do it with the help of the rival Bharti Enterprises group, the reports noted.

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