Alkem Laboratories (up 1.21 per cent), Biocon (up 0.89 per cent), Divis Laboratories (up 0.81 per cent), Dr Reddys Laboratories (up 0.48 per cent) and Cipla (up 0.45 per cent) were among the top gainers.
Aurobindo Pharma (down 0.65 per cent) and Sun Pharmaceutical Industries (down 0.07 per cent) were the top losers on the index.
The Nifty Pharma index was up 0.34 per cent at 14684.45 at the time of writing this report.
Benchmark NSE Nifty50 index was down 98.95 points at 15824.45, while the BSE Sensex was down 375.55 points at 52764.51.
Among the 50 stocks in the Nifty index, 19 were trading in the green, while 30 were in the red.
Shares of Vodafone Idea, NALCO, Tata Power, YES Bank and Ibull Real Estate were among the most traded shares on the NSE.
Shares of G R Infraprojects Ltd., Clean Science & Technology Ltd., MPS Infotecnics, Archies Ltd and Pearl Global hit their fresh 52-week highs in today’s trade, while Walpar Nutritions Ltd., Suryoday Small Finance Bank Ltd. and OCL Iron Steel hit fresh 52-week lows in trade.