Stock market update: Nifty Pharma index falls 1.39% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 12:05PM(IST)on Monday in a weak market.

Laurus(up 0.51 per cent) were among the top gainers.

Alembic Pharmaceuticals(down 3.42 per cent), Strides Pharma Science(down 3.42 per cent), Glenmark Pharmaceuticals(down 3.13 per cent), Alkem Laboratories(down 2.74 per cent) and Lupin(down 2.31 per cent) were the top losers on the index.

The Nifty Pharma index was down 1.39 per cent at 13293.6 at the time of writing this report.

Benchmark NSE Nifty50 index was down 264.45 points at 17500.35, while the BSE Sensex was down 888.7 points at 58747.31.

Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.

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

Shares of D K Enterprises Global Ltd., Dhunseri Invst, Lakshmi Finance, Kotyark Industries Ltd. and Bharti Airtel(PP)hit their fresh 52-week highs in today’s trade, while One97 Communications Ltd., Fino Payments Bank Ltd., Sadbhav Eng, Spandana Sphoorty and SJS Enterprises Ltd. hit fresh 52-week lows in trade.

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