MARKET EYE-Indian shares gain; banks, pharma stocks lead

* The BSE index

gains 0.44 percent, while the 50-share NSE index is up 0.43 percent. * Banks gain led by private sector lenders on expectations their July-September earnings will prove more resilient than their public sector counterparts. * ICICI Bank

gains 1.2 percent, while HDFC Bank

is up 0.9 percent. * Pharmaceutical stocks such as Cipla

gain on expectations of favourable stance in drug pricing case that comes up for hearing in India's Supreme court later in the day. * Cipla gains 1.5 percent while Lupin

is up 1.6 percent.

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