Shares of Biocon (up 3.01 per cent), Lupin (up 2.71 per cent), Sun Pharmaceutical Industries (up 2.01 per cent), Cipla (up 1.07 per cent) and Cadila Healthcare (up 1.05 per cent) were among the top gainers.
While Alkem Laboratories (down 1.29 per cent) and Torrent Pharmaceuticals (down 0.43 per cent) were the top losers in the index.
The Nifty Pharma index was trading 1.2 per cent up at 12279.0 around 02:09PM.
Benchmark NSE Nifty50 index was up 71.70 points at 15170.1, while the BSE Sensex was up 265.04 points at 51290.52.
Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.
Shares of Vodafone Idea, BHEL, IDBI Bank, Tata Motors and PNB were among the most traded shares on the NSE.
Shares of Astral Poly Tech, MindTree, Orchid Pharma , Asahi India Glass and Tube Investments hit their fresh 52week high in today’s trade, while B C Power Controls Ltd., Shrenik Ltd. and Marine Electricals (India) Ltd. hit fresh 52week low in trade.
