Stock market update: Nifty Pharma index falls 0.97% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:19AM(IST)on Thursday in a weak market.

Biocon(up 0.36 per cent), Divis Laboratories(up 0.11 per cent) and Alkem Laboratories(up 0.01 per cent) were among the top gainers.

Laurus(down 3.65 per cent), Ipca Laboratories(down 2.11 per cent), Aurobindo Pharma(down 2.05 per cent), Lupin(down 1.97 per cent) and Glenmark Pharmaceuticals(down 1.66 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.97 per cent at 13957.15 at the time of writing this report.

Benchmark NSE Nifty50 index was down 124.9 points at 18086.05, while the BSE Sensex was down 376.44 points at 60766.89.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 35 were in the red.

Shares of PNB, Vodafone Idea, YES Bank, Tata Power and IRCTC were among the most traded shares on the NSE.

Shares of SMS Lifesciences Ind, Gokul Agro Resources, Consol Const., KDDL Ltd and IndusInd Bank hit their fresh 52-week highs in today’s trade, while Bombay Metrics Supply Chain Ltd., Ramco Systems, D K Enterprises Global Ltd., SREI Infra Fin and Anmol India hit fresh 52-week lows in trade.

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