Stock market update: Nifty Pharma index falls 0.61%

NEW DELHI: The Nifty Pharma index closed on a negative note on Wednesday.

Shares of Laurus(up 2.93 per cent), Alembic Pharmaceuticals(up 2.18 per cent), Lupin(up 1.33 per cent), Aurobindo Pharma(up 1.21 per cent) and Natco Pharma(up 0.92 per cent) ended the day as top gainers in the pack.

On the other hand, Abbott India(down 2.89 per cent), Cipla(down 1.88 per cent), Divis Laboratories(down 1.69 per cent), Biocon(down 1.64 per cent) and Strides Pharma Science(down 1.55 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.61 per cent down at 13408.1.

Benchmark NSE Nifty50 index ended down 88.3 points at 17415.05, while the BSE Sensex stood down 323.34 points at 58340.99.

Among the 50 stocks in the Nifty index, 17 ended in the green, while 32 closed in the red.

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

Shares of Marshall Machines, Latent View Analytics Ltd., Kabra Extrusion, Elgi Equipments and MTAR Technologies Ltd. hit their fresh 52-week highs in today’s trade, while Vikas Proppant & Gr, Spandana Sphoorty, Nidan Laboratories And Healthcare Ltd., Destiny Logistics & Infra Ltd. and Supreme Infra hit their fresh 52-week lows.

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