Indian stock markets have remained under pressure during the first half of the trading session, on Thursday, January 23, 2020, and turned green in the second half. The indices movement was based on the stock movement, either way, positive or negative. BSE Sensex was up 221.39, or 0.54%, at 41,336.77 at 2:35 pm. The Nifty 50 was up 59.75 points or 0.49% to 12,166.65. Similarly, Bank Nifty was up by 311.50 points, or 1.01%, to 31,012.95. 

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Larsen and Toubro (L&T): Up 3.4%. Gained over 3 per cent in the morning trade today after the company reported profit growth of 15.15 per cent. 

Raymond: Up 1.83%. Robust set of numbers, Q3FY20 net profit jumped to Rs 196.8 crore versus Rs 40 crore (YoY). 

Cipla: Down 0.032%. Slips almost 3% after the company received observations for its Goa facility after USFDA inspection. 

UPL: Down 2.20%. Hits 2-month low post news of I-T Dept raids. 

Alembic Pharma: Down 0.017%. Received final approval from the USFDA for its Abbreviated New Drug Application (ANDA) Bimatoprost Ophthalmic Solution.

Divi's Labs: Up 1.88%. Shares bounce 1.25 million equity shares changed hands via block deals on the BSE. 

YES Bank: Up 6.24%. Shares up almost 6%, invokes pledge on 2.08% stake in SICAL Logistics: BSE filing. 

Cement Stocks: Shares gain; Ramco Cements (up 3.74%) hits 52-week high, Heidelberg Cement up 3.40%. 

Axis Bank: Up 1.66%. Jumps 3% as Q3 loan growth hits 7-qtr high, NIM best in 2.5 yrs.

AU Small Finance Bank: Soars 11%, hits new high on strong Q3 results.

SpiceJet: Up (2.20%) back above Rs 100/sh-mark, gains as Brent crude oil price slips to $62/bbl.

BUZZING STOCK:

Indraprastha Gas Limited up 3%.