Equity indices up in line with Asian peers, metal and pharma stocks gain

New Delhi, Mar 03 (ANI): Equity benchmark indices were in the green during early hours on Tuesday as investors hoped that central banks will take action to combat the economic impact of coronavirus outbreak. At 10:15 am, the BSE S-P Sensex was up by 485 points or 1.27 per cent to 38,629 while the Nifty 50 edged higher by 159 points or 1.43 per cent at 11,292. All sectoral indices at the National Stock Exchange were in the green with Nifty metal gaining by 3.28 per cent, pharma by 2.73 per cent, realty by 2.15 per cent and IT by 1.45 per cent. Among stocks, Vedanta added gains of 5.2 per cent at Rs 116.80 per share while JSW Steel was up by 4.5 per cent, Tata Steel by 3.1 per cent and Hindalco by 2.5 per cent. The other prominent gainers were Sun Pharma, Eicher Motors, Hero MotoCorp, Yes Bank and HCL Technologies.